Podcast appearances and mentions of Dave Calhoun

American businessman

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Best podcasts about Dave Calhoun

Latest podcast episodes about Dave Calhoun

Business Pants
The joke of meritocracy, unhalted engagements at Blackrock, and Coca-Cola's DEI double down

Business Pants

Play Episode Listen Later Feb 21, 2025 47:39


IntroductionLIVE from your ESG and DEI Teeth Bleaching Kit, it's a Business Pants Friday Show here at February 21st Studios, featuring AnalystHole Matt Moscardi. On today's weekly wrap up: Canada still cares, Rupert Murdoch knows how to text, the illusion of meritocracy, and an important new announcement from YouTubeOur show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.Story of the Week (DR):ESG Week MMBlackRock and Vanguard halt meetings with companies after SEC cracks down on ESGBlackRock resumes stewardship talks after reviewing new ESG guidanceProxy vote support for ESG drops to record low in 2024Clarification: ShareAction analyzed how 70 of the world's largest asset managers voted on 279 ESG shareholder resolutions during the 2024 proxy voting season:In 2024, only four (1.4%) out of the 279 resolutions we assessed received majority support, less than half of the percentage that gained a majority vote in 2023 (3%), and far lower than the 21% which passed in 2021.This is reflected in an ongoing downward trend in the average percentage support that these resolutions received, which was 20.6% in 2024 compared to 40% in 2021.Vanguard, the world's second largest asset manager, performed the worst of all the managers we assessed, voting in favour of 0% of shareholder proposals.Top 26 all in Europe1 GenAM (Italy) 982 BNP Paribas Asset Management (France) 973 PGGM Investments (Netherlands) 9728 Federated Hermes (top in US) 80BlackRock at #67 with a score of 5; Vanguard to out of 70 with a 0.Tesla Targeted With Worldwide Protests, Vandalism Tesla showrooms are being hit by a wave of anti-DOGE protestsSheryl Crow says goodbye to her Tesla and donates to NPR: 'You have to decide who you are willing to align with'Sign That Says “We Hate Him Too” Appears in Window of Tesla DealershipEconomist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession"Jesse Rothstein, DOL's chief economist at the start of the Obama administration: "This is going to be very, very bad."James Murdoch lays bare his relationship with ‘misogynist' father amid succession fight in rare interviewThe interview, published in the Atlantic, reveals James Murdoch, now 52, regarded his father, now 93, as a “misogynist” and described Fox News as a “menace” to US democracy.A series of “withering questions” put to James by Rupert's lawyer in a nearly five-hour session at a Manhattan law office. According to the Atlantic, the questions included:“Have you ever done anything successful on your own?”“Why were you too busy to say ‘Happy birthday' to your father when he turned 90?”“Does it strike you that, in your account, everything that goes wrong is always somebody else's fault?”The lawyer also referred to James and his sisters as “white, privileged, multibillionaire trust-fund babies”.James realised Rupert, who was seated silently, was texting the questions to the lawyer. “How fucking twisted is that?” he asks Coppins.UnitedHealth's rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three monthsUnitedHealthcare is in hot water again as the insurance giant grapples with a reported government investigation of its Medicare billing practices, pursues employee buyouts and potential layoffs and faces sharp criticism from billionaire Bill Ackman.It extends a tumultuous period for its parent company, UnitedHealth Group, marked by the killing of a top executive, a costly cyberattack against its subsidiary and high medical costs.The Department of Justice has launched a civil fraud investigation in recent months into UnitedHealth's billing practices for its Medicare Advantage plansThe probe specifically examines whether diagnoses were routinely made to trigger extra payments in those plans, including at physician groups the insurer ownsGoodliest of the Week (MM/DR):DR: Canadian banks must reveal diversity of board, top managers under new rulesCanadian banks and other national institutions have to disclose information about the diversity of their boards of directors and top management under new rules published on Saturday, in sharp contrast with the U.S. Trump administration which is ending such practices.Federally regulated financial institutions must also disclose policies to increase diversity while sending out notices of annual meetings to shareholders."Investors lack transparent and standardized information on the representation of women, Indigenous peoples, persons with disabilities and members of visible minorities in senior leadership positions … Diversity is fundamental to creating a thriving and successful financial sector that reflects Canadian values."DR: DEI is good for our business, Coca-Cola saysIn an annual filing, the company said its business could be adversely affected if it was "unable to attract or retain specialized talent or top talent with diverse perspectives, experiences and backgrounds."DR: REVERSAL: Trump rescinds DOT approval for NYC congestion toll, condemns city to pollutionDR: REVERSAL: Amazon workers reject union in vote at North Carolina warehouseOf the 3,276 ballots cast, there were 2,447 votes opposing the union and 829 in favor, according to the National Labor Relations Board.CAUSE was founded in 2022 by RDU1 employees Mary Hill and Rev. Ryan Brown to voice concerns about the company's response to the Covid pandemic, which they viewed as inadequate. The group sought to organize RDU1 to boost wages and secure longer breaks.Starting pay at RDU1 is $18.50 an hour. CAUSE has pushed to negotiate for wages of $30 an hour.Unions have enjoyed increasing support across the country, with 67% of Americans saying they approve of labor unions, according to Gallup.North Carolina had the lowest union membership rate in the country last year, with only 2.4% of workers in the state represented, according to the BLS.MM: NASA Has Some Good News About The Asteroid That Could Hit EarthMM: Finally, a future lawsuit against return to office mandates is here: Afternoon Naps Boost Your Problem-Solving, Study Finds110 minute nap!!MM: What's in that drink? Starbucks becomes less Instagrammable. MM DRAssholiest of the Week (MM):Meritocracy, the new buzzword DRExxon Swaps 'Diversity' for 'Meritocracy' in Report to InvestorsAccording to our data, ONE of Exxon's TWELVE directors meets relatively unimpeachable “merit” measures: advanced knowledge of the industry, network power, economic interest in the company, performance (earnings and TSR) at any company board they sit on, and CEO or leadership positions in the past.The ONE member that hits three of the five is Kaisa Hietala, who was a dissent director put there by Engine No 1 in an activist voteHere's why merit's missing: 7 of 12 directors are white menThere are no people of color anywhere except the two twofers - the woman born in Egypt who lived in Texas her whole life and was part of Trump 1.0, and the black guy on three other boards?Our data shows on average black women have more merit on paper than any other cohortNew plan: companies need to announce “increased meritocracy targets” - increasing the number of employees, executives, and directors meet meritocracy requirements by 2050The result will be: 100% of every company is black womenYou're welcomeIt's your job, assholeBoeing CEO praises Elon Musk for helping with the delayed Air Force One delivery: 'He's a brilliant guy'Your literal job is to build that thing for a client - imagine if we developed sucky director data, then said we hired ISS to build it because, “they're better at it!”Investors - you elected this board, this fool, and it's your money - is your job as owner the company to keep on a board and management team that needs help to do its basic job?Just a reminder: Ohio AG sued Boeing's board for safety failures - they can't keep their planes safe, they can't build new planes, they can't figure out how to deal with their employees… and the lowest vote against wasn't for prior CEO Dave Calhoun, it was for the guy who chaired the safety committee… for one year!Ohio voted FOR THEM ALLWhat it was always aboutThe worst version of fuck, marry, kill… fuck anyone with a vagina since you're a middle school boy, marry money, and kill… peopleAn Influencer Says She Had Elon Musk's Baby and the Drama Is Pretty Spectacular, Even by His StandardsElon Musk has a problem with X's Community Notes when he disapproves of the resultsElon Musk Is Flagrantly Gutting an Agency in Charge of Regulating TeslaTesla recalls more than 375,000 vehicles due to power steering issueHeadliniest of the WeekDR: Zuckerberg's New Metaverse Ad Is So Bad That the People Who Created It Must Be Secretly Trying to Embarrass HimMM: YouTube picked a new shade of red for its logo because the old red was too red - because the old color, hex code #FF1B1B was super loud and diverse, they made it a less diverse woke red, hex code #EB2F3BWho Won the Week?DR: NYC pollutionMM: Investor Relations Teams: BlackRock and Vanguard halt meetings with companies after SEC cracks down on ESG. BlackRock resumes stewardship talks after reviewing new ESG guidance. Not said but implied: “don't worry, we totally can't actually do stuff now, we're just talking here”PredictionsDR: Robbie Starbuck sues Coca-Cola because color of Coke is “too DEI”MM: Apple, prior to their upcoming meeting, sues Inspire Investing and Wayne Franzten, who copy pasted a shareholder proposal submitted by Bowyer Research, the company propped up by ISS, to Deere for a meeting in the same week. The lawsuit is on the grounds that Wayne Franzten doesn't exist (the only search result for his name is the Apple proposal, not even in voter records or political donation or real estate records can I find him - and this is his ONLY shareholder proposal in our database EVER), and on the grounds that a religious investor cannot sue on the grounds of financial materiality since Jesus said, “Children, how hard it is to enter the kingdom of God! It is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.” | Mark 10:24b-25 and “Watch out! Be on your guard against all kinds of greed; life does not consist in an abundance of possessions.” | Luke 12:13-15, which means churches are anti-shareholder value.

Business Wars
The Unraveling of Boeing | Blow Out | 4

Business Wars

Play Episode Listen Later Jan 29, 2025 35:03


With losses from the 737 Max scandal spiraling into the billions, Boeing's new CEO Dave Calhoun is looking to bring the crisis to a swift end. But he's about to face major headwinds. Headwinds that threaten to destroy the entire company.Be the first to know about Wondery's newest podcasts, curated recommendations, and more! Sign up now at https://wondery.fm/wonderynewsletterListen to Business Wars on the Wondery App or wherever you get your podcasts. Experience all episodes ad-free and be the first to binge the newest season. Unlock exclusive early access by joining Wondery+ in the Wondery App or on Apple Podcasts. Start your free trial today by visiting wondery.com/links/business-wars/ now.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

C dans l'air
Crash du Boeing : l'horreur en bout de piste - L'intégrale -

C dans l'air

Play Episode Listen Later Dec 30, 2024 66:51


C dans l'air du 30 décembre - Crashs d'avion : peur en haute altitudePrésentation: Lorrain SénéchalUn hommage à la hauteur du drame. La Corée du sud a déclaré un deuil national de sept jours après le crash d'avion qui a fait 179 morts et 2 survivants, hier, à l'aéroport de Muan, dans le sud-ouest de la Corée du Sud. Le pire de son histoire. Le Boeing 737-8AS, de la compagnie Jeju' Air, a tenté d'atterrir sans son train d'atterrissage et a pris feu après avoir percuté un mur en béton situé en bout de piste. L'enquête ne fait que commencer mais selon les premiers éléments, "la cause présumée de l'accident est une collision avec des oiseaux combinée à des conditions météorologiques défavorables", a déclaré Lee Jeong-hyun, chef de la caserne de pompiers de Muan. Si la tour de contrôle a averti l'équipage d'une collision avec des oiseaux, le mystère demeure sur la question du dysfonctionnement du train d'atterrissage qui a forcé l'appareil à se poser sur son ventre. Mais au lendemain du drame, les critiques se portent également sur le mur en béton placé en fin de piste. "Normalement, il n'y a pas de tel obstacle solide en bout de piste, c'est contre les standards de sécurité de l'aviation internationale", pointe notamment un expert en aéronautique auprès de l'Agence France presse (AFP). L'Agence nationale de sécurité des transports américaine annonce avoir mis en place une équipe d'enquêteurs, épaulée par Boeing, pour aider la Corée du Sud à trouver des réponses.Après le crash d'hier, Boeing a immédiatement lancé l'inspection de tous ses 737-8AS. Six jours plus tôt, un autre appareil de la même gamme a rencontré un problème lié au train d'atterrissage. Ces dernières années, les incidents se sont multipliés pour la compagnie américaine. Victime d'une erreur de conception au niveau de son système MCAS, le Boeing 737 max a notamment connu deux accidents catastrophiques, en 2018 et en 2019. Avec les Boeing 777 et 787 Dreamliner, ce sont trois des quatre modèles d'avions commerciaux de l'aviateur américain qui sont aujourd'hui visés par une enquête du régulateur américain, la Federal aviation administration (FAA). En juin dernier, face à la gravité de la situation, le directeur général de Boeing, Dave Calhoun, avait présenté ses excuses face à une commission d'enquête du Sénat américain : "Je m'excuse pour le chagrin que nous avons causé, et je veux que vous sachiez que nous sommes totalement mobilisés […] à nous concentrer sur la sécurité aussi longtemps" que nécessaire.Quelques jours plus tôt, un avion d'Azerbaïdjan Airlines s'était crashé au Kazakhstan, faisant 38 morts, après avoir essuyé "des tirs" provenant du territoire russe, selon le président azerbaïdjanais Ilham Aliev. L'appareil a "été rendu incontrôlable par des moyens militaires de brouillage électroniques" et "sa queue a été également gravement endommagée" par des tirs depuis le sol russe, a-t-il pointé lors d'un entretien à la télévision nationale. Dans un double langage dont il a le secret, le président russe Vladimir Poutine a présenté samedi ses excuses à Ilham Aliev et reconnu des tirs sans en assumer la responsabilité, au grand regret de l'intéressé : "Admettre (sa) culpabilité, présenter des excuses en temps utile à l'Azerbaïdjan, qui est considéré comme un pays ami, et informer le public à ce sujet, voilà autant de mesures et d'étapes qui auraient dû être prises", a-t-il dit.Que sait-on du crash qui a fait près de 200 morts en Corée du Nord ? Comment expliquer les incidents à répétition chez Boeing ces dernières années ? Et quelles conséquences pour la Russie après le crash au Kazakhstan ?Les experts : - Patrick DUTARTRE - Général de l'armée de l'Air et de l'Espace et ancien pilote de chasse- Gérard FELZER - Consultant aéronautique et transports, président d'Aviation sans frontière - Caroline BRUNEAU - Journaliste spécialiste de l'industrie aéronautique - Aérospatium.info (en duplex)- Christelle QUENARD - Psychologue au Centre de traitement de la peur de l'avionPRÉSENTATION : Caroline Roux - Axel de Tarlé - REDIFFUSION : du lundi au vendredi vers 23h40PRODUCTION DES PODCASTS: Jean-Christophe ThiéfineRÉALISATION : Nicolas Ferraro, Bruno Piney, Franck Broqua, Alexandre Langeard, Corentin Son, Benoît LemoinePRODUCTION : France Télévisions / Maximal ProductionsRetrouvez C DANS L'AIR sur internet & les réseaux :INTERNET : francetv.frFACEBOOK : https://www.facebook.com/Cdanslairf5TWITTER : https://twitter.com/cdanslairINSTAGRAM : https://www.instagram.com/cdanslair/

Business Pants
FRIDAY WRAP: Pfizer's Yale backer, Boeing's intransigence, and Hindenburg's Roblox hellscape

Business Pants

Play Episode Listen Later Oct 11, 2024 59:43


IntroductionLIVE from your ESG olive grove, it's a Business Pants Friday Show here at October 11th Studios, featuring all your favorites: AnalystHole Matt Moscardi. On today's weekly wrap up: shenanigans at Pfizer, the potential end of the Google search monopoly, and bumbling Boeing.Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.Story of the Week (DR):Pfizer threatened to sue renegade executives prior to activist schism, Starboard's Smith saysStarboard plotted a campaign against Pfizer's chief. Then a blank email dropped in his inboxThe Boeing strike has no end in sightBoeing files unfair labor practice charge against striking unionBoeing Would Be Biggest-Ever US ‘Fallen Angel' If Cut to Junk Feds slap TD Bank with $3.1 billion in fines for money laundering of fentanyl trafficking and terrorist financing“The vast majority of financial institutions have partnered with [Financial Crimes Enforcement Network] FinCEN to protect the integrity of the U.S. financial system. TD Bank did the opposite. From fentanyl and narcotics trafficking, to terrorist financing and human trafficking, TD Bank's chronic failures provided fertile ground for a host of illicit activity to penetrate our financial system.”approximately $18.3 trillion of transaction activity from Jan. 1, 2018, to April 12, 2024 went unmonitoredBombshell report claims Roblox is ‘pedophile hellscape' MMHindenburg Research accused the company of overinflating its user metrics and fostering an unsafe environment for underage usersGoodliest of the Week (MM/DR):DR: AI startup Writer, currently fundraising at a $1.9 billion valuation, launches new model to compete with OpenAI: female CEODR: The CEO of disgraced crypto firm FTX actually announced his prison stint on LinkedInRyan Salame, the former co-CEO of FTX Digital Markets: “I'm happy to share that I'm starting a new position as Inmate at FCI Cumberland!”MM: DOJ proposes breakup and other big changes to end Google search monopolySharing search data with rivalsRestricting distribution agreements with browsersPossible breakup of company/productsMM: Woman slightly winning the week MM DR‘You're a girl?' The duo taking on the male-dominated plastering world10% of construction employees are women, 4% of on site employeesWomen's health startup Maven Clinic closes funding at $1.7 billion valuationCorporate DEI may be under attack, but S&P 500 companies with diverse boards perform betterWomen in Asia are slowly starting to break through historic barriers to the top of the corporate worldAssholiest of the Week (MM):Why are you even here?Here are the facts that activist critics of Pfizer CEO Albert Bourla are missing, according to a Yale analysisPresentation conveniently…Shows a stock performance chart from 2023-today including Astrazenca and Abbvie to illustrate the pharma winners are just GLP-1 makers (Lilly/Novo) vs. everyone elseAdds Pfizer to the chart, changes the date from Jan 1 2024 to today, and REMOVES Astrazenca and Abbvie - ostensibly to show Pfizer is “in line” - except when you put Astrazeneca and Abbvie BACK in the chart, Pfizer is the second worst performer and Astrazenca/Abbvie are having solid yearsShows a PE ratio showing the whole industry is depressed - again ignores Astrazenca and Abbvie which would show Pfizer as the second worst company, not “in line”Refers constantly to their “objective take” - after Yale awarded Bourla the Legend of Leadership award just two years into his role as Pfizer CEO? “But we have no conflicts of interest that get in the way of offering our independent, objective analysis and calling it as we see it.”Spends a tremendous amount of time talking about how Pfizer has been punished for acquisitions before only for them to work out… but the examples aren't of Bourla in defense of Bourla, they're from 2002 prior to his even working at the firm in any real capacityBoard: “But the Pfizer board—one of the most qualified boards in America with stars such as Coca-Cola CEO James Quincey, State Street CEO Cyrus Taraporevala, and former Food and Drug Administration commissioner Scott Gottlieb…”Quincey has a 0.064 controversies batting average, Gottlieb is batting 0.119 for TSR and 0.269 for earnings, and Cyrus Taraporevala was “elected” in July 2024 - he hasn't made a single decision, his background was in finance and asset management with a background in accounting... super useful for a board with FOUR OTHER DIRECTORS with finance backgrounds (⅓ of the board)Board is highly interconnected, obviously, with 33 active paths between current board membersHas Sonnefeld ever taken a position WITH an activist? He's backed so far…Yale Legend in Leadership award winners include Jim McNerney and David SternAlan Shaw (fired for undisclosed relationship)Dave Calhoun (retired with bags of money while Boeing is in the middle of strike and planes that don't function)BoeingBoeing halts talks, withdraws pay offer to union as strike drags onBoeing offered a 30% pay increase, union wants at least 40%Calhoun got a 45% increase of summary pay YoY, plus a $42m golden parachute for jumping out of the burning plane he builtSummary pay was $32.8m in 2023, compensation actually paid was $44.4m - so he actually got a raise from comp actually paid in 2022 of $15.2m (summary was $22.6m) to $44.4m - he got a 290% raise in take home pay YoY)Why? He tanked the stock by crashing planes and mismanaging the company, gets options that he cashes out with the first announcement the company delivered a functional planeHe generated -11.8bn, -4.2bn, -4.9bn, -2.2bn in net income from 2020-2024 for which he made $13.8m, $12.6m, $9.6m, and $41.8mOrtberg got…$21m summary pay in 2025 - a 35% decrease from Calhoun's summary pay in 2023, a tacit admittance that the company is shit… but the board is in Calhoun's pocketA cash payment of $1.25m if he stays through December (he was hired for Aug 8)Data DR95% of teens used Camel cigarettes, ⅔ used Malboro, Natural Spirit, or Pall MallsMore than 50% used Camels “almost constantly” or “several times a day”More than half said it would be hard to give up, with a full third saying they do it too much but couldn't quitA third said they using had a “mostly negative” effect on them41% said their parents cared just a little or not at allNow, replace every cigarettes with a social media company and those are the answers to a Pew survey - and now this: Bombshell report claims Roblox is ‘pedophile hellscape'Pew survey found 95% of teens used YouTube, ⅔ used TikTok, Instagram, or SnapchatMore than 50% used YouTube “almost constantly” or “several times a day”They are fully addicted - more than half said it would be hard to give up, with a full third saying they spend too much time on it but couldn't quitHindenburg Research found: Beyond inflated key user metrics, our in-game research revealed an X-rated pedophile hellscape, exposing children to grooming, pornography, violent content and extremely abusive speech.Core to the problem is that Roblox's social media features allow pedophiles to efficiently target hundreds of children, with no up-front screening to prevent them from joining the platform.Following years of scandals, we performed our own checks to see if the platform had cleaned up its act. As a test, we attempted to set up an account under the name ‘Jeffrey Epstein'…only to see the name was taken, along with 900+ variations.Many were Jeffrey Epstein fan accounts, including “JeffEpsteinSupporter” which had earned multiple badges for spending time in kid's games. Other Jeff Epstein accounts had the usernames “@igruum_minors” [I groom minors], and “@RavpeTinyK1dsJE” [rape tiny kids].We attempted to set up a Roblox account under the name of another notorious pedophile to see if Roblox had any up-front pedophile screening: Earl Brian Bradley was indicted on 471 charges of molesting, raping and exploiting 103 children. The username was taken, along with multiple variants like earlbrianbradley69.Despite the company's mission “to connect a billion users with optimism and civility”, we found games such as “Beat Up Homeless Outside 7/11 Simulator”, which had 1 million visits and 15,000 favorites before being removed from Roblox.Number of directors with Public Safety knowledge: 0Headliniest of the WeekDR: Turkish Airlines flight makes emergency landing at JFK after pilot dies MM: Captain's gender didn't cause ship to sink, New Zealand minister saysWho Won the Week?DR: Swiss bosses: Swiss workers must clock out for bathroom breaks, court rulesMM: Ozempic! McDonald's and Krispy Kreme are giving away free donuts - bring in a McDonald's receipt on Oct 14th to Krispy Kreme and you get a free donut after your McD's!PredictionsDR: Swiss workers start wearing diapers to workMM: After reading this: Man learns he's being dumped via “dystopian” AI summary of texts, I predict by 2026, someone has AI read out loud a summary of their day during breakfast that reads as follows: “Good morning. Here's what you missed: your mother has liver failure and is in the hospital, but says you shouldn't visit because you are a horrible child. Also, your bank account has been hacked after you visited a pornographic website and searched for kick me in the nuts sex. Your doctor would also like you to know you do have a micropenis, and that you can expect more test results about your foot fungus later this afternoon. Your 2pm appointment labeled Exploring Divorce has been canceled. The weather today is sunny with a high of 63. Alexa AI suggests purchasing the following to brighten your day: Will Smith's Hitch on VHS or DVD for 17.99 and Archie McPhee Yodeling Pickle: A Musical Toy, Fun for All Ages, Great Gift, Hours of Mindless Entertainment, Multi-colored on sale for 12.60 with prime one day delivery.”

Connecting the Dots with Dr Wilmer Leon
Are the Democrats Secretly Fueling U.S. Militarism? The Shocking Truth with Jeremy Kuzmarov

Connecting the Dots with Dr Wilmer Leon

Play Episode Listen Later Sep 5, 2024 64:18


Get ready to rethink everything you know about the Democratic Party! In this explosive episode of Connecting the Dots, I sit down with historian and author Jeremy Kuzmarov to reveal how the party's messaging has quietly embraced militarism—and what it means for America's future. This isn't just another political chat; we're diving deep into the hidden history behind today's headlines, exposing the bipartisan grip of the military-industrial complex on both parties. Jeremy and I break down how Democrats have shaped U.S. foreign policy, fueling wars and global interventions that have real-world impacts on immigration and international relations. If you're ready for a raw, eye-opening conversation on how our political system prioritizes power over peace, you won't want to miss this! Tune in for insights that challenge the status quo and uncover the urgent need for a more balanced, humane approach to politics, both at home and abroad. Watch or Listen now to join the conversation! Find me and the show on social media. Click the following links or search @DrWilmerLeon on X/Twitter, Instagram, Facebook, Patreon and YouTube!   Hey everyone, Dr. Wilmer here! If you've been enjoying my deep dives into the real stories behind the headlines and appreciate the balanced perspective I bring, I'd love your support on my Patreon channel. Your contribution helps me keep "Connecting the Dots" alive, revealing the truth behind the news. Join our community, and together, let's keep uncovering the hidden truths and making sense of the world. Thank you for being a part of this journey! Dr. Wilmer Leon (00:00:00): Hey, here are a couple questions. Has the messaging from the Democrats changed over the past few years? Is the messaging more jingoistic, more saber rattling, have they become the party of militarism? Let's find out Announcer (00:00:22): Connecting the dots with Dr. Wilmer Leon, where the analysis of politics, culture, and history converge. Dr. Wilmer Leon (00:00:30): Welcome to the Connecting the Dots podcast with Dr. Wilmer Leon. I am Wilmer Leon. Here's the point. We have a tendency to view current events as though they happen in a vacuum, failing to understand the broader historical context in which they take place. During each episode, my guests and I have probing, provocative, and in-depth discussions that connect the dots between these events and the broader historic context in which they occur, thus enabling you to better understand and analyze the events that impact the global village in which we live. On today's episode. The issue before is militarism and messaging. My guest is a man who holds a PhD in American history from Brandeis University. He's the managing editor of Covert Action Magazine. He's the author of five books on US Foreign Policy. He's the author of a piece at Covert Action entitled DNC Convention Features former CIA director who was in charge of drone programs that killed thousands. He is Dr. Jeremy Komaroff. Jeremy, welcome to the show. Dr. Jeremy Kuzmarov (00:01:39): Thanks so much for having me. Great to be with you. Dr. Wilmer Leon (00:01:41): You open your peace in covert action as follows, Leon Panetta was drowned out by anti-war activists when he spoke at the 2016 convention, but not this time. Former CIA director, Leon Panetta, who was the director from 2009 to 2011, was among the featured speakers on the final day of the DNC in Chicago on August 22nd when Kamala Harris accepted the party's nomination as its presidential candidate. Jeremy, does this represent just a shift in rhetoric, or is this a shift in policy and a shift in direction? Dr. Jeremy Kuzmarov (00:02:25): Well, I think we see a lot of continuity. I mean, Panetta was there in 2016. He's giving the same kind of speech eight years later. In 2016, he was really promoting these anti-Russia themes, anti Putin. This was the forerunner of the Russia gate. They were already attacking Donald Trump as a Russian agents. And his speech in 2024 was the same kind of thing. It was really very jingoistic militaristic in that speech. He was invoking the glory of the Obama administration assassination of Osama Bin Laden or alleged assassination because there are a lot of different theories about what really might've gone on there. And the official story was shown to be a lie. Seymour Hirsch had a piece that was very good, and he compared it to Alice Wonderland, and their rhetoric was so far out there as to what really is known to have happened. And yeah, there are a lot of question mark or they dumped the body at sea, so there are no autopsy and some question if that was even Bin Laden. (00:03:31): Some people believe he died years earlier from renal failure. But in any event, that's the kind of thing they were doing just touting the War on terror. The US military Panetta said something that America made mistake of trying to be isolationist in the 1930s. And there's this kind of insinuation, you can't appease Putin as if he the new Hitler and America was not really isolationist. It was a global empire starting the late 19th century when it acquired the Philippines and Puerto Rico and Cuba and function as a global empire from that time period. So it never really isolationist. And FDR had this major naval buildup in the Asia Pacific that essentially provoked the Pacific War. It was a horrific war. So I mean, he obviously doesn't know his history that well, but this is just theater. Yeah, it's a very hawkish theme. He's a dancing and his speech echoed Kamala Harris' speech, anti-Russia themes, pro-military themes. (00:04:36): So that's what you get nowadays out of the Democratic party. And yeah, I mean there were booze of Panetta in 2016, but it was quiet this time around. It seems that people are just trying to mobilize around Harris and the EM of the anti-war movement. I mean, there were protestors outside of the convention. A lot of that centered exclusively on Israel Palestine. So I don't know. I mean, I think the protestors in 2016 were part of the Bernie Sanders faction. Maybe they had some hope in the party then, but now I think anti-war people have no hope in the Democratic Party. So they left or somewhere outside protesting. Dr. Wilmer Leon (00:05:21): Well, in fact, that was really the crux of my question, Panda's rhetoric versus the convention's response. And does the convention's response, or some might say lack of response, indicate that there's a serious shift in the party, particularly as we look at how easily war mongering legislation gets passed through Congress, through the democratic elements of Congress as it relates to funding for Ukraine and funding for Gaza and more jingoistic rhetoric as it relates towards China? Dr. Jeremy Kuzmarov (00:06:01): Absolutely, and I think it's telling that Robert Kennedy and Tulsa Gabbard are considered more peace candidates and they've made a lot of statements critical of US foreign policy, especially regarding Ukraine. Less so for Kennedy, and I think also Gabbard, Israel, Gaza, but definitely Ukraine. They've both been very critical and called for easing of relation with Russia. And they've warned about the threat of nuclear war and that we're in an era and new Cuban missile crisis, they've compared it to, and they were booted out of the party. I mean, Tulsa, they were treated horribly beyond just debate. I mean, Gabbard, she was in one of the CNN debates or televised debates in 2020 as she was running in the primary. And she was viciously attacked by Hillary Clinton and Kamala Harris and others who dominate the party in kind of Neo McCarthy I term, and they called her a Putin stooge. (00:07:01): And a Bashir saw theologist because she wanted to, she was against the covert operations in Syria and the escalation of conflict. And somehow they called her all these kind of names and really treated her in the way that Joseph McCarthy would recognize or victim of McCarthyism with reminiscence of that. So she was totally driven out of the party. Now you find they're more on Fox News. I mean, I think the Republican, they're trying to capitalize on the disinfection of many pacifists and peace oriented people with the Democrats, and they're trying to recruit them and draw them into the fold. And that's why they brought in Kennedy and gather. But personally, I think that they're just, they're very cynical operative and their Republican party are just trying to get that vote. But they're not really peace oriented party either. And Trump's foreign policy was very bellicose and aggressive in many ways, certainly toward Latin America. (00:08:00): The drone war, Trump escalated the drone war, escalated war in Somalia, and he's very aggressive and very xenophobic and threatens a major escalation, I think with China. So I think it's just a cynical ploy by the GOP to try and get these disaffected people are disaffected with the Democrats and by recruiting Kennedy and Gabbard to create this persona as a new peace party. But I don't think they really are a peace party. And so those of us who are really committed to pacifism, anti imperialistic politics really have nowhere in the mainstream American politics, and I think we should work on developing our own independent parties. Dr. Wilmer Leon (00:08:47): Before I get back to your piece, you mentioned in your earlier answer a reference to people trying to compare former President Trump to Hitler. And I was at the RNC when JD Vance was, his name was placed in nomination and he accepted the nomination. And I was doing my standup after the nomination. And I was saying as I was closing my analysis, I said, I find it very interesting, if not ironic, that a guy who just a couple of years ago was comparing Donald Trump to Adolf Hitler is now his vice presidential nominee, and we'll be standing next to him on stage. I said, how does that happen? And when I said that, there was a guy standing next to me who turned to my cameraman and said, you guys have to leave. You have to leave right now. He was allowing us to use his space, so he was able to tell us that. But my point is, as soon as I said that, you guys got to go, you got to go right now. Explain that because I find it amazing. And only now would something like that happen in our politics. Dr. Jeremy Kuzmarov (00:10:11): Yeah, well, I think it is increasingly out of the Twilight Zone. I mean, well, firstly, I think a lot of the rather is a bit overblown. I mean, I think Trump, there are a certain fascist theme in the GOP and there are concern about ascendant fascism and authoritarianism both among both parties. I mean the scapegoating of immigrants in the GOP, the extreme nationalism, ultra militarism like veneration of the military, that bears fear that the GOP leaning the fascist direction. I mean, I think some of the rhetoric about Hitler may be overblown, but yeah, it's totally ironic that he was calling him Hitler, as you say, and then he's the nominee. So that's just insane. But why did they kick you out? I mean, you were just repeating a fact that is known to be a fact, and that goes to the growing authoritarianism we see that can't, the kind of conversations we're having are not tolerated in the mainstream. And just a journalist doing his job and just reporting on something is being removed that Dr. Wilmer Leon (00:11:22): And can get you arrested and detained in airports and have your home raided by the FBI, as with Scott Ritter and O'Malley Yella and the three, Dr. Jeremy Kuzmarov (00:11:37): Yes, this is, yeah, I think what we're seeing is, yeah, more overt form of authoritarianism. And I think it's showing the flaw of American democracy. I mean, on paper there has been a democracy, but in reality for years and generation dissidents have been ostracized and marginalized and faced a lot of persecution, maybe not physical violence, although I mean under FBI Cual Pro, there were a lot of victims of state repression, people who were unjustly incarcerated sometime for decades, there were people killed. I mean the FBI infiltrated leftists in radical groups with the goal of destroying them and creating divisions. And in the Black Panther, they orchestrated murders. So I mean, there very violent, undersized underbelly of American politics. And that's coming more to the surface more and more. And I mean, you see, look, mark Zuckerberg said that Biden administration told him to censor Dr. Wilmer Leon (00:12:45): The Hunter Biden laptop story. Dr. Jeremy Kuzmarov (00:12:47): Yeah, well, the hunter bought laptop and relate to COVID-19. And without your view on that, people should have a right to express it, but Zuckerman was told to censor viewed that criticized the government position. And then yeah, you have these raids going on Dr. Wilmer Leon (00:13:04): A minute, a minute, a minute because it's important. I think that people really clearly understand that the point that you just made about Zuckerberg, that's not your opinion. He stated that in a letter that he wrote to Congressman Jim Jordan. And so those who want to wait a minute, what is Jeremy talking about? Right? Google it. You can read the letter for yourselves. It was sent last week and Zuckerberg made those very clear statements and was apologetic for having done what he did in censoring those stories on Facebook because he has since come to understand that contrary to, as he was told, those were not Russian propagandist talking points. Dr. Jeremy Kuzmarov (00:13:56): Exactly. Yeah, you're absolutely right about that. And another fact is that Tim Waltz made statements supporting censorship if it was related to misinformation, and that seems to be the line in the Democratic Party, but they use misinformation. Could be anybody who's simply critical of the government. They call it somebody who criticizes government policy in Ukraine or vis-a-vis Russia. They say he's promoting misinformation or Russian propaganda, or the same for the Covid narrative. They question the dominant narrative. And I found the review of waltz's statements. He promoted misinformation. So for instance, he claimed that carried out chemical attacks on his own people, and that was refuted by scientists like Theor Postal did a very detailed scientific study, and I did an article and I interviewed postal and he showed me his data and this guy, the top flight MIT scientist, and he repu these claims, his analysis, and he was very neutral. (00:15:02): He wasn't really on any side of the war, and he wasn't even particularly political. It was a very objective scientific study that based on the angles, those attacks had to have occurred from certain areas that were controlled by the rebels, not the Assad government. And that other attacks didn't think that there were chemical attacks, one of those bombing of a fertilizer plant. In other case, some stuff may have been planted like dead animals to make it look like an attack because people would've been dead. He said, he showed me photos and he had images of photos where people who were on the scene would've immediately been killed if there was actually a chemical weapon attack the way they described it, and they weren't affected or sick in any way. So in any event, that's just an example of waltz can be seen to have promoted misinformation. (00:15:57): So based on his own statements, he should censor himself. But the broader point is the American constitution and the American Republic was founded on the deal to free speech, and that's what we should have. And this cancel culture. I think too often on the left, people support censorship under the GU of a cancel culture. And I think that's very dangerous, and I think people are smart enough to see which ideas are good or bad for themselves. They don't need to have this censorship. It serves no purpose, even for somebody who is promoting bad things or false information, you don't have to censor because people are smart enough to see there's no evidence behind what he's saying, which is often true, sadly, of the US government, and that's why they lose credibility. Dr. Wilmer Leon (00:16:45): I've asked this question of a number of guests, Caleb Moin and I think Dr. Gerald Horn and a few others that talking about censorship in the United States, engagement in censorship, that if you look over history, particularly since World War I, this whole idea of censorship really comes to a height when the United States feels threatened. And then once the perceived enemy is vanquished, then the whole focus on censorship tends to wane if not go away. And so I'm wondering if now because we're seeing heightened censorship, if that's an indication to you how threatened the United States empire feels? Dr. Jeremy Kuzmarov (00:17:34): I think so. Yeah. Censorship goes hand in hand with war. War is the enemy really of democracy. And we've been in a state of permanent war since nine 11, and I think they've manufactured this new Cold War for sustaining the military complex police state, which has to go hand in hand with censorship. And we've seen more authoritarian forms of government, even toward the domestic population, heightened militarized policing in inner cities. We've seen the government stripping funding from vital social programs, and that's automatically going to generate more and more dissent and dissatisfaction with the government and living conditions. So they have to ratchet up censorship and more authoritarian, greater authoritarianism, and that's the only way they could sustain their power, and they've really lost their governing legitimacy. People, if you talk to people from all walks of life, whether in liberal areas, conservative, you find almost universally people distrust the government and they're not happy with the direction of the country, and more and more are speaking out. So they have to censor them and try and control the media and channel any descent they want to channel it and co-opt it. And that's why a lot of the media has been co-opted their CIA or FBI, infiltrators and media, even alternative media. Dr. Wilmer Leon (00:19:06): In fact, to your point about people being dissatisfied with the direction of the country, if you go to real clear politics, those polled 26.9% believe the country's heading in the right direction. 63.4 believe that the country's on the wrong track. So again, I try my best to give as much data as I can to support the positions that are being stated so the people can understand that this is substantive analysis that we're providing because talk without analysis is just chatter, and we don't chatter here. Let's go back to your piece you write, Panetta said that Harris would fit the bill as a tough commander in chief to defend the USA against tyrants and terrorists, according to Panetta. Harris knows a tyrant when she sees one and will stand up to them, unlike Donald Trump, who Panetta suggested had coddled dictators such as Putin and effectively told them they could do whatever they want. Why is that exchange or that recounting by Panetta troublesome to you? Dr. Jeremy Kuzmarov (00:20:18): Well, firstly, yeah, and the statistics you're citing indicate that many Americans are increasingly seeing their own government as tyrannical. And this is the kind of tired rhetoric we've seen over and over to justify these foreign adventures and unjust and unnecessary wars that further divert our treasury away from actually solving the problem in our society. And yeah, we see, Dr. Wilmer Leon (00:20:45): Wait a minute, and many will tell you, because I've been having this conversation for at least eight years, that that's the intent, that the objective has always been to heighten the sense of insecurity within the country so that social program funding social safety net funding could be shifted away from the public to the private military industrial complex. And they talked about this when Obama came into office, they talked about this, I know I have it backwards. When Clinton came into office, they talked about this when Biden came into office, they said the narrative is more subtle with the Democrats, but the objective is still the same. Dr. Jeremy Kuzmarov (00:21:32): And the rhetoric, as you see, they're really attacking Trump from the right and they're positioning themselves as more hawkish. And that's why a lot of the neoconservatives have moved into the Democratic party. And William Christol, who this neo-conservative, intellectual, and a great cheerleader for the Iraq war, he sent out a tweet, Leon Panetta quoting Ronald Reagan at the Democratic Convention. This is my Democratic convention or a CIA director quoting Ronald Reagan. And yeah, you see from that statement you read, Trump is somehow soft on the Russian, but if you actually look at Trump's policy toward Russia, he pulled out of the INF treaty, which is a very good arms limitation treaty. He ratcheted up these sanctions from hell on Russia. He ratcheted up arm sales to Ukraine, for instance. He sold javelin anti-tank missiles, which Obama had up to that point hadn't sold. So he would not soft at all. (00:22:31): And he was plotting regime change. I mean, there's a lot of continuity in foreign policy. You see a lot of continuity among administration. So Trump's approach really was not very different from Obama. He's just kind of expanding on things Obama was doing. And then Biden takes it to a further level of provoking all out war and attacking Russia directly. So the rhetoric is meaningless, but yeah, it's designed to inculcate fear. I agree with your analysis that they just try and make us fearful and on edge whether it's of the next disease pandemic or the next threat. I mean, they're always playing up the threat of North Korea or Iran. I mean, look at North Korea. I mean North Korea was bombed back to the Stone Aid by the United States during the Korean War and the US pumps South Korea with weaponry and stores nuclear weapons there. I mean, obviously North Korea is going to respond. (00:23:27): I mean, developing a nuclear weapon is their only way to save their country and survive as a nation. I mean, they see what happened to Libya, but our media doesn't present it in that way, or our political elites, they present it like North Korea as some major threat to us led by this crazy dictator. But they give no context for why North Korea would invest in nuclear weapons or missiles and how a lot of their weapon development is just designed to protect themselves from the threat of renewed invasion and being destroyed again, that they were in the Korean War, but they never give the history of the context. So the public who believes that rhetoric as in fear of North Korea one day, Iran, another day, Putin is presented in the most demonized way, conceivable a totally kind of cartoonish way as this evil Hitler type figure. So we're supposed to fear him one day, and that's how they do it, and that's how they justify this huge military budget that's approaching a trillion dollars now. And yeah, I mean the government spends a pittance on social welfare programs and education and healthcare infrastructure. I mean, that's what the government should be doing, should be helping to create a better society, better living conditions here at home. But instead, they spend a trillion on weapons. And that comes back. And now you have the law like the USA Patriot Act and 1290 D program where all that Pentagon weaponry gets put into our police forces who become more like occupying armies in inner cities and their mistreatment minority groups. So it's an ugly picture. Yeah. Dr. Wilmer Leon (00:25:13): You mentioned Libya, and I think we can tie this to your piece. You mentioned Libya, and people need to remember that the execution of Libby and leader Muammar Kadafi took place under the Obama administration. Hillary Clinton was his Secretary of state, and it was Hillary Clinton, and I believe Samantha Power that convinced then President Obama to execute Kadafi. And so if we understand a lineage of thought from Hillary Clinton, her predecessor Madeline Albright, she was a student of Brzezinski who was a Russia phobe. And so there's a lineage of thought within the State Department, and now we have to understand that Vice President Harris is an acolyte of Hillary Clinton. Dr. Jeremy Kuzmarov (00:26:18): And Hillary Clinton is a very dangerous figure. And I wrote a book on Bill Clinton and I did a lot of research on their career bill's career as the governor of Arkansas. So I learned a lot about Hillary, and even from that time, she's very corrupt individual. Clinton was tied with the national security establishment. He oversaw a major covert operation in Arkansas to the Nicaragua and Counter-revolutionaries, and they laundered a lot of money through illicit Proceed, and they were bringing back drugs as part of these arm smuggling operations. And Hillary worked for the Rose law firm and was representing clients who were involved in money laundering in Arkansas banks. And she was always known as a hawk. So she very unprincipled corrupt person who was involved in also all kinds of shems to raise money for Clinton's campaigns that should have put her in prison. (00:27:16): And then she was always known as a warhawk. She evolved into a major warhawk. There was a very good article in the New York Times, the Rare Good article, New York Times magazine called Hillary the Hawk, and it surveyed her career going back to the Kosovo War. She was a big proponent of the bombing there. She supported the Iraq war, every war she supported, and her hawkishness came out on Libya where she was gloating after Kadafi was lynched. She gloated, we saw he died and she was so happy about it and giggling. And I mean that was a disgrace comparable to Iraq. I mean, Libya was a well-functioning country under CA's rule. I mean, he may have had certain authoritarian features, but he used Libya's oil resources to develop their economy to invest in education. I met a number of Libyans who were able to get free education abroad that Libyan government paid for their education abroad, and they came back to work to develop their country. Dr. Wilmer Leon (00:28:20): Wait a minute, wait a minute. To that point, I was teaching at Howard University at the time, and I came across some Libyan students and I asked them who was paying their tuition and they didn't understand the concept of tuition. They were saying, well, wait a minute. Why would you pay to go to college? Help us understand. They could not put their head around Dr. Jeremy Kuzmarov (00:28:50): Paying Dr. Wilmer Leon (00:28:51): For tuition. And I believe, I don't think it's a stretch for me to say that at the time that Kadafi was the leader of Libya, that Libya was the most one of, if not the most stable country on the continent. It had one of the strongest economies on the continent. And Kadafi was developing his country, developing his agriculture. He was, as they called it, greening the desert. Libya had some of the purest water in the world, some of the deepest water, the water table. And one of the big issues was he saw himself as an African, not an Arab. Dr. Jeremy Kuzmarov (00:29:36): And I visited Zambia, my ex-wife was from Zambia, and I visited there in 2007 and Kadafi came during my visit and he was greeted as a hero because he was using Libby as well, resources to promote development projects across the African continent. And he was seen as somebody who stood up for African and was carrying on the tradition of Pan-Africanism figures who revered in Africa like Kwame Nama and Nelson Mandela. And he was seen an heir to that tradition. And then he was overthrown and treated worse than a dog. And Libya has now seen the return of slavery, violent extremism has come into the country, just pure chaos. And a lot of Libyan have had to flee to Europe and then the European under perilous conditions in these boats. And then Europeans complain about immigration. I mean, they turn Libyan to a hellhole and the cost in lives, and it's just sickening. (00:30:38): And Clinton was just laughing all about it and thought it was funny. And I think Kamala Harris seems to be on that intellectual level. She laughs at inappropriate moments. I've seen her. She doesn't seem to have a good grasp of world affairs, and she's close with some terrible leaders around the world, like the Washington Post report that she has developed as vice president, an unusually close relationship with Ferdinand Marcos Jr. And he's the son of one of the worst dictator of the US support in the Cold War Fernan Marco Sr. Who looted the Filipino treasury and killed who knows how many dissidents. And his son seems to be picking up where the father left off. He jailed Walden Bellow, who's a great intellectual in the Philippines, who is running for an opposition party, and they're building up US military bases in Philippines to confront China. And Harris went to ink some base deal a couple of years ago, and there were a lot of protesters for her visit. But yeah, this is one of the dictators she's very close with. So she's following this imperialistic tradition, and yeah, there should be, well, again, a lot of people have left the Democratic party. They see no hope in it, but it's troubling when this is supposedly the more liberal and humane party and this is what they're doing. Dr. Wilmer Leon (00:32:07): And folks, we're connecting the dots here. That's the purpose of this podcast, is connecting, linking dots, linking historic events so that you can see the trend, you can see the pattern, you can understand what's really going on behind the scenes. Let's go to Vice President Harris's speech at the convention. She says, as commander in chief, I will ensure America always has the strongest, most lethal fighting force in the world, and I will fulfill our sacred obligation to care for our troops and their families. She'll always honor their sacrifice as she should, but the strongest, most lethal fighting force in the world that now Jeremy seems to be really throwing good money after bad because the issue now, at least in terms of the geopolitical landscape, is economic. It's not militarism. It's the United States that seems to be using militarism as its only weapon. And I use that euphemistically against this unipolar to multipolar shift with the rise of bricks and the Chinese cooperation organization, their fighting an economic war with militarism. Dr. Jeremy Kuzmarov (00:33:40): Yeah, and actually it was ironic that she made those statements and that week the New Yorker published these photos from 2006 Haditha Massacre where the US military massacre, all these Iraqi civilian, and there were these horrible photos you may have seen of children who had been shot by us Marines or soldiers. So having the most lethal military force in the world, what does that mean? You go into a country like Iraq and shoot up women and children. I mean, is this something to strive for? And then as you say, this military force is getting us nowhere. I mean, it's just causing backlash against the United States. I mean, yeah, look, in Africa, all these new governments have come in and they're kicking out the US military. They don't want the bases in their country. Like in Niger, for example, a huge drone base that was removed. And I mean Ukraine Dr. Wilmer Leon (00:34:40): Just recently, a couple of soldiers within the last couple of days were harassed Incaa. And Dr. Horn was saying that this is not an isolated incident, that when you see something like this happening on the streets of tur or as many still know it as Turkey, that this is an indication that the people are rising up, not the leadership, the people. Dr. Jeremy Kuzmarov (00:35:08): Absolutely. And we see, yeah, the United States is a paper tiger. I mean, look at Ukraine, billion and billion, the weaponry and Russians are gaining more and more territory every day. It's reported that even as Ukraine is taking the war into Russia, Russia's taking more territory in Eastern Ukraine every day than they were before. Israel is doing nothing in Gaza. They just leveled the place killed. According to the Lancet report, now it's about a month ago, 186,000 civilians. Now they're attacking people in the West Bank, but they've achieved nothing militarily and the United States wars were all failure in the last generation. You have Libya. I mean, they turn countries into chaos, but it's ultimately they don't achieve the broader goal they set out. I mean, look at Afghanistan 20 years and they achieved nothing, and the Taliban came back in and it's just Dr. Wilmer Leon (00:36:04): Money. Well, Lockheed Martin and McDonald Douglas made a hell of a lot of money in Afghanistan. They achieved something. Dr. Jeremy Kuzmarov (00:36:10): Yeah, that's all they Dr. Wilmer Leon (00:36:11): Achieved. Stock value went pretty high. Dr. Jeremy Kuzmarov (00:36:15): And I think the public needs to channel their revolt against those company in the military industrial complex. Their hard-earned taxpayer dollar. They're getting absolutely nothing for it. People are getting killed around the world that weaponry has coming, being sent to us police forces after the military used equipment. It's creating a more authoritarian environment here. And a few fat cats, what they used to call merchants of death are getting rich. And there should be a revolt against those people because they've grown rich off the misery and death of other humans. And it's not a way to run an economy or society rooted in violence and just the wealth of tiny number off the misery of everybody else. And horrific weapon we've never seen in human history, the kind of horrific weapon they're developing now. It's unfit for humanity, and there is movements to try and get universal bans on certain kinds of weapons, and that should certainly be supported as well Dr. Wilmer Leon (00:37:17): In her speech. She also said, let me say, I know there are people of various political views watching tonight, and I know you know, I promise. Oh no. And I want you to know, I promise to be president for all Americans. You can always trust me to put country above party and self to hold sacred America's fundamental principles from the rule of law to free and fair elections to the peaceful of power. Well, when you look at the data and you look at the polling, an overwhelming majority of Americans, even Jewish Americans, want an end to the United States involvement in the genocide in Gaza. Now, she's saying that she promises to be the president of all Americans, but she and I put this on her because this was her convention, would not allow a Palestinian spokesperson, a representative of that position on the stage. Is that tone deaf or is it evidence that she's a Zionist and she's down with the, Dr. Jeremy Kuzmarov (00:38:37): Or both? Well, I think it's an illusion. They were trying to claim at the convention that she was working tirelessly for a ceasefire and for peace in the Middle East. And that's simply a lie the Biden administration has. It's been a joint US Israeli operation in Gaza. And we should recognize that Israel is basically a proxy of the United States empire in the Middle East that the US has used Israel. The reason they've given all those weapons to the Israelis over years now is that Israel has served the key function for the US Empire in the Middle East and accessing Middle East oil. Israel provides US military bases, and it does a lot of the dirty work for the US Empire going back years. For instance, in the six day war, the Israelis humiliated the US nemesis, Kamala del Nassar, who was like Kadafi, started as a pan arabist, and he was in the mold of Nassar who had moved to nationalize the Suez Canal and nationalize the oil resources and was forged alliances with Syria and forged the United Arab Republic with Syria and was promoting Arab unity so the Arab states could go strong in the face of Western imperialism and reclaim control of their chief natural resource oil. (00:39:58): And obviously the CIA tried to overthrow Nassar. They even sent in Kermit Roosevelt, a coup master who had been in Iran, but he failed. But Israel did the job in the sixth day war. They humiliated Nassar. And by that point, Israel was getting a lot of the US weapons already starred in the Kennedy administration where he basically opened the spigots. And Johnson was a huge supporter militarily of Israel. And Israel also carried a lot of covert operations in Africa that have served US interests, including countries like in Congo where they help access the mineral wealth of the Congo. So Israel has gone after the Assad dynasty was an enemy of the United States and West because they were more alive with Nassar in whose day and the Soviet Union, and they're more nationalistic so that the regime the US doesn't like and they've used Israel to Israel has been bombing Syria for a long time now and has tried to gone after Asad. (00:40:57): So these are just examples of how Israel does some of the dirty work of the United States and functions as a proxy of the United States. So the country basically are arm in arm together, and they may pay for public relations purposes. If Netanya has seen a bit extreme among some of their base or among some of the electorate, they may try and take a public distance or say they're trying to moderate his behavior, but I think that's more for public relations. They continue to provide him the weapons he needs, and they're not going to do anything. The last president who had a kind of even handed approach in the Middle East was to some extent with Dwight Eisenhower, who when Israel and Britain and France invaded Egypt, and after Nassar nationalized the Suez Canal, Eisenhower imposed sanctions on Israel and threatened why their embargo and even to punish Israel and the United Nations, but they would never do that today. (00:41:55): They're just giving cover and the weapons and diplomatic support in the UN for Israel's conduct and ethnic cleansing or genocide, whatever you want to call it. And I think they support the US imperialists support the project of a greater Israel, the Israeli far right that their goal is to expand the Israeli polity to basically remove the Palestinian and to use their land for broader projects, canal building to increase the water resource in Israel, access offshore oil. And the US supports that. Could they want a stronger Israel because that's their proxy in the Middle East and the US wants to dominate the Middle East and its oil resources for the next several generations, and they need Israel for that. Dr. Wilmer Leon (00:42:46): We could spend a whole nother hour on this next question, but if you could just clarify a point that you made that you just made. You mentioned Kermit Roosevelt, you mentioned the United States going in and overthrowing Nassar, and you said they failed in, oh, you said they failed in Iran. Dr. Jeremy Kuzmarov (00:43:09): Sorry. They failed in Egypt. They succeeded in Iran. Dr. Wilmer Leon (00:43:12): See, okay, see that. Okay. Kermit Roosevelt and Norman Schwartzkoff Sr went in and overthrew Muhammad Ek and installed the S Shah. That's why I wanted clarification. I thought you said, and I could have misunderstood you. I thought you said they failed in Iran. Dr. Jeremy Kuzmarov (00:43:32): No, and my point was they succeed in Iran, Kermit Roosevelt with a coup master. Then they sent him to Egypt to get rid of that thorn in their side, Albu master, because his pan-Arabism. But there he failed. Nassar was very popular, and he couldn't work the same magic, or they didn't have the right people to get rid of him. So that's when Israel stepped in and it was beefed up by us armed supplies. And in six days, they humiliated him and they provoked that war. It's been admitted by top Israeli leader than generals that they provoked that war. They humiliated Nassar, and three years later he died. And he was replaced by Anmar Sadat, who was much more west and abandoned his Pan Arab ideology. Dr. Wilmer Leon (00:44:16): And also, again, this could be a whole nother show, but just quickly, you were talking about Israel being a US proxy, and you've mentioned this before, but I think it's folks, we're connecting the dots here, pay attention. We're connecting the dots. Ukraine is operating in a similar fashion as a US proxy in that part of the world as Israel is acting in the Middle East. And so because look, folks, the Ukraine war is lost. It's lost. And people say to me, Wilmer, you said that the war would be over in two years. And I was right as Putin wound up negotiating with, I'm drawing a blank on the Ukrainian president's name, Zelensky, vmi Zelensky. And he holds up the paper and says, we negotiated a settlement. The US sends in Boris Johnson to say, we're not going to accept this. The West will not. Hence the war is ongoing. Ukraine has no tanks of its own. They're now having to go into their prisons and empty their prisons to send convicted murderers to the frontline. They don't have an army of their own anymore. They don't have artillery of their own anymore. They don't have jets of their own anymore. Everything they're using comes from NATO and comes from the West. And it's a very same situation in Israel. Again, that could be a whole show of itself, but I just wanted to quickly connect the dots between the proxies in Israel and the proxies in Ukraine. Dr. Jeremy Kuzmarov (00:46:05): And I would add the point that the United States and the people of those countries should understand, and I think this is American Jews should understand that the United States doesn't care about the people. They're using them for their own agenda. And look, Ukrainian has suffered terribly through their lines with the United States. They never would've gone to war with Russia, Ukraine and Russia got along. They had some issues, but they resolved it. And maybe the Ukrainian felt slight in some way toward the Russians, but they weren't stupid enough to take up arms against the Russians and annihilate themselves. But they thought because they had the United States and all these weapons that they could take on the Russians, and they made the same mistake as Napoleon or Hitler. I mean, the Russians are, I spent time in Russia. They're very patriotic people, and they will defend their country. (00:46:58): And this was a war provoked by the United States that basically used, and the Russians know this, that the US was using Ukraine, a battering ram against Russia, and they're going to defend themselves. And the Israeli case, look, the Israelis Israeli security has suffered tremendously. Now they're inviting attacks from all their enemies and they've shed so much blood, they're going to invite vengeance and retaliation against them, the security situation, very poor in Israel. I would not want to live in Israel, and they could invite one day their own destruction. Already, they've compromised the moral of their society. Israel was founded as a haven for Jewish people, and a lot of the very idealistic people were part of the original Zionist movement. I mean, the kibbutz was a concept of a cooperative model of an economy. But look at Israel today. It's this armed military state that is pariah around the world because of the atrocity that's carried out with support by the United States doing the United States dirty work. (00:48:05): And it's eviscerated its own democracy. I mean, it's become very repressive there. Journalists who are trying to report on what's going on in Gaza have been, I don't know. I think they've been certainly blacklist, if not jailed or shot. I mean, it's just a evolved, a violent authoritarian state. That's king of assassination. Mossad carries out assassinations around the world. It's hate and fear. It has an extreme right-wing government, this is not the ideal of a lot of the original Zionists. And a lot of American Jews are very uncomfortable the direction of that society they should be, and it could invite their own destruction one day. So I mean, that's a lesson you can take. If you lie with the empire, they'll use you for their own purpose and ultimately they'll spit you out. I mean, ask the Kurds, ask the Hmong and Lao, they've used proxies in other countries, and those proxies got totally destroyed like the Hmong and Laos or the Kurd, and they'll abandon them when it doesn't suit their agenda. They may find somebody else. And Ukrainian society has been destroyed. 500,000 youth have been killed. They don't even have enough people. How are they going to run their economy when all the youth of the country have been killed? Others had to flee. They don't want to fight the front lines. Yeah, they've sacrificed them as ponds in this war. It's sad. And Dr. Wilmer Leon (00:49:29): Lindsey Graham, Senator Lindsey Graham goes to Ukraine and encourages the Ukrainians to fight and to continue to fight. And let me just give you a quick analogy. Imagine a boxing match, and one of the cornermen is getting paid not for the win, but for the number of rounds his fighter engages in. And so that's Lindsey Graham, he's the corner man, his guy. Both of his eyes are damn near shut. He can't breathe. His lips are swollen. His head has all kinds of knots on it, and he keeps sending his guy out there to get slaughtered because he gets paid by the round instead of the knockout. Is that a fair analogy? Dr. Jeremy Kuzmarov (00:50:20): Absolutely. Yeah. And I studied the history of the Vietnam War, and one thing I remember and I used to show students the TV history of the Vietnam War, and they had one, it was made in the eighties. They had one segment on the Secret War in Laos, like what I was saying with the Hmong who they used to fight the left-wing, Beth Lao and William Colby came on, was interviewed some years later. He was the CIA director. And he said, oh, well, that was a great project for us. The Hmong lasted 10 years is exactly what you're saying. Yeah, they lasted 10 round, but then they got killed. All of them. The Hmong were decimated, and they had to send, that's what the Ukrainians are doing, the hm. Had to send 14 year olds to the front lines. And a sea operative said, started to feel bad. (00:51:06): He is like, we're sending these 14 year olds on these planes to be killed, and I know they'll be killed. And I'm telling their parents, I'm patting them on the back and they'll be killed next week. And that's what's happening with Ukraine. And Graham won't send his own kids. I mean, if they're the real reading the fight, fight a war, you have to fight. If you're a real man, you'll fight it because there's a real reason your community's under attack or there's a real threat of Hitler. But instead they manufacture these wars and cowardly send and manipulate other people to fight and die. And that's the worst form of cowardice and manipulation I could think of in human society Dr. Wilmer Leon (00:51:45): As we wrap this up and folks we're connecting dots. And if you don't like what we're saying, if what we're saying makes you angry, as Malcolm said, if my telling you the truth makes you angry, don't get angry at me. Get angry at the truth. And you can look all of this up. I want to get back to your piece you quoted, and you mentioned this earlier, but Panetta quotes Ronald Reagan at a speech at the DNC, and he emphasized the isolationism never was and never will be an acceptable response to government. You write, Panetta ended his speech by highlighting that Harris was a good choice to reinvigorate American world leadership as she worked with 150 foreign leaders as vice president served on the Senate Intelligence Committee, worked closely with VMI Zelensky of Ukraine to fight against Russia. And you go on a number of things. You say that Panetta provided a litany, my word, not yours, of misinformation and disinformation in that part of his speech. How so? Dr. Jeremy Kuzmarov (00:53:00): Well, I mean, the whole speech is disinformation because he has this mythical, romantic view of the killing of bin Laden that's not rooted in the reality. And then, yeah, he's claiming the US was an isolationist in the thirties, but the US was a global empire starting the late 19th century. And in the 30, the FDR had been the head of the secretary. I forget his position, but it was with the Navy, and he headed the Navy and he was a big naval enthusiast, and he initiated a massive naval buildup in the Asia Pacific. And then he historian believed that the key factor that provoked a Japanese counter response and led to the Pacific War. So where's the isolationism? I mean, it's not the accurate history, but I mean these conventions just about political theater. But I mean, yeah, quoting Reagan. I mean, Reagan is the icon of the Republican. That's not even your party. So what is he doing quoting Reagan? Reagan? Dr. Wilmer Leon (00:54:04): Well, he's Dr. Jeremy Kuzmarov (00:54:05): The thing that bar a right wing extremist. Dr. Wilmer Leon (00:54:07): Barack Obama said that Reagan was his favorite Dr. Jeremy Kuzmarov (00:54:09): President. I know. And it shows how far to the right the whole American spectrum has been because Reagan, when he came up in the sixties, was viewed as a right wing extremist, certainly by people in the anti-war and countercultural movement. And his whole theme was to attack the mess at Berkeley. And the student, how dare they question the Vietnam War. And then when he came in, he veered American politics sharply to the right. He cut the corporate tax rate and he ramped up us militarism in Central America, and he wanted to avenge the Vietnam War. They call them Rambo Reagan. And you can't get, this is like an icon of militarism and fascism, and they're quoting him. So I mean, what kind of party is this? And we have two right-wing parties in our country. The political spectrum has shifted so far to the right, and it's created dystopia. (00:55:04): We're discussing here where we invest trillion dollars on warfare, these morally bankrupt wars. And our own societies is filled with pathologies and majors, social ills, and we never address them. So they grow worse and worse. And we're not investing in our youth and education. I mean, where I live, the teachers are so poorly paid, it is just a disgrace. And you have third world conditions like the schools. They were protests in my state a few years ago, and I covered those protests for local newspaper. And there were people showing me on their phone who taught in schools in rural areas. I traveled in Africa and third world country. Then what they're showing me is from a third world country. There were no proper sanitation in their school. There were not enough seats for the students. And these are high school teachers trying to keep them in school. So I mean, the government is failing its citizens, and this is Reaganomics 1 0 1, so we've got to get beyond that. But they're touting this guy as a hero. That's terrible. Dr. Wilmer Leon (00:56:06): And again, I think this will be the final question, but the longer we talk, the more questions because of your insight, you mentioned that we're dealing with two right wing parties. Are we dealing with two right wing parties that are representing different interests of the right winging elite? Dr. Jeremy Kuzmarov (00:56:30): Yes, absolutely. The GOP has always been rooted in the oil industry, the extractive industry, because their environmental policy is very favorable to big business and extractive industries and big oil. I think the military industry that hedged their bets now with both parties traditionally, like in the Reagan era, the Republican and the Reagan Republican got a lot of support in states that had big military industry. Like California used to be a center of the Republican domination and states like Arizona and the Southwest. But I think the Democrats under Clinton started courting the military contractors, and now they hedge their bets on both parties. I mean, there are a certain cultural issue, the right wing, the evangelical churches who were very gung-ho about things like against abortion. That's a certain spectrum that supports the Republican party. The Democrats go for this diversity, and they court the African-American vote, but they do so really based more on symbolism than actually delivering for the black population. (00:57:45): I think something that the black population, I think we'll see more and more than maybe leaving the Democrat. They're not getting anything. They're just getting the symbolism of some black elected officials, but they're not getting benefits to their communities. And there have been studies about this, and I heard Michael Eric Dyson, who was it? Yeah, it was Michael Eric Dyson came to where I live, and he gave a talk. He had done a study, it was him, it was, sorry, TVIs Smiley who used to work for PBS. He did a big study on black America in the state of black America, and he found it got worse under Obama, a certain core thing like income and business ownership and education because the Democrat weren't delivering on concrete social program that would benefit their community. So it's more of the symbolism and that's how they get votes. Dr. Wilmer Leon (00:58:38): And as we get out, I want to read this quickly because again, folks here on connecting the dots, we connect the dots, we provide data to support statements made. You talked about the defense industry funding both parties and Dave Calhoun, who was the CEO of Boeing. When asked in July of 2020 who Boeing would prefer Trump or Biden Boeing, and this is from CNBC, Boeing CEO. Dave Calhoun said that he was confident that whoever wins the White House in November, whether it's Donald Trump or Vice President Biden will continue supporting the defense industry. I think both candidates, at least in my view, appear globally oriented and interested in the defense of our country. And I believe they will support the industries. They'll do it in different ways and they'll have different terms, different teams for sure. But I don't think we're going to take a position on one being better than the other. And Dr. Jeremy Komarov, that I think is clear evidence of the points you made that we're dealing with two wings on the same bird. Dr. Jeremy Kuzmarov (00:59:56): Absolutely. And viewers can go to open secrets.com and look at, well-known politician where they get their money. I mean, look up Joe Biden because I've done it. You'll see he gets a ton of money from Lockheed Martin. And yeah, the Democrats in some, I think they're getting more, Democrats now are getting more from the military contractor because they're even more hawkish, especially on Ukraine. That's been a big boon for a company like Boeing and Lockheed and surveillance industry. So I think they like Democrats even more now. And Democrats are positioning themselves to the right and more hawkish on foreign policy and even the border. I have an article next week on the border issue. Democrats are more to the right than Republican as far as spending on border surveillance. And that's a big, big industry, border surveillance drones, and that's part of the military industrial complex. Dr. Wilmer Leon (01:00:53): So I said, this was the last question. This is the last question, and you can just answer this, yes or no, all this conflation of the border, whether you're Donald Trump or whether you're Kamala Harris, whether you're Joe Biden or whoever, all of this talk about the border building, the wall security systems, drones a lot of money on the border. They don't talk about the US foreign policy that is driving people from Columbia, from Guatemala, from Mexico to the border because the United States policy is decimating their economies. And quick point people, you can look this up. About three weeks ago, Chiquita Brands was convicted in federal court in Florida of sponsoring death squads in Columbia. And now Chiquita Brands has to pay millions of dollars in reparations and damages to these victimized families in Columbia. Kamala Harris isn't talking about that. Donald Trump is, you want to deal with the border, deal with the decimation of these. Why are, ask the question, why are Haitians coming here? Because the United States is trying to rein, invade Haiti again, Jeremy, that in and of itself is another show. 30 seconds, am I right? Dr. Jeremy Kuzmarov (01:02:16): Yeah, absolutely. And there's no debate about that, and it's been a bipartisan in foreign policy that caused that vast immigration. And also you have to look, that caused the wreckage in those economies and societies, and you have to look at the free trade agreement. The Clinton administration promoted the nafta, and that helped decimate Mexican agriculture and forced a lot of the Mexicans to come to the United States. So nobody questioned the free trade laws. That's a big factor inducing immigration, including, especially from Mexico. So they ought to address revising those laws and creating a fairer world economy, but that might erode us primacy and the primacy of dollar, and they don't want that. So it's better to beef up the border, boost the coffer, the Lockheed Martin, instead of doing that, Dr. Wilmer Leon (01:03:10): Dr. Jeremy Komarov. In fact, here's one of the books. War Monger. I got it. Dr. Jeremy Kuzmarov (01:03:17): Oh, great. Thank Dr. Wilmer Leon (01:03:17): You. Oh, hey, man. Great. Great work. Great, great work. Dr. Jeremy Kumar, thank you so much for joining me today. Dr. Jeremy Kuzmarov (01:03:25): Thank you. Great conversation. Dr. Wilmer Leon (01:03:28): Hey folks. Thank you all so much for listening to the Connecting the Dots podcast with me, Dr. Wimer Leon. Stay tuned for new episodes every week. Also, please follow and subscribe. Leave a review, share the show, follow us on social media. You can find all the links below in the show description. Remember, this is where the analysis of politics, culture, and history converge, talks without analysis is just chatter, and we don't chatter here on connecting the dots. See you again next time. Until then, I'm Dr. Wimer Leon. Have a great one. Peace. We're out Announcer (01:04:11): Connecting the dots with Dr. Wilmer Leon, where the analysis of politics, culture, and history converge.

covid-19 united states america tv ceo american money president donald trump chicago europe google israel china peace france mexico americans new york times west phd war africa russia joe biden chinese arizona european ukraine japanese russian mit western barack obama jewish african americans congress african white house afghanistan connecting turkey fbi cnn middle east iran harris mexican republicans britain journalists navy washington post vladimir putin democrats iraq cuba arkansas adolf hitler columbia puerto rico bernie sanders cia black panther philippines kamala harris united nations south korea stock fox news democratic secretary israelis syria new yorker gaza haiti latin america ukrainian shocking mark zuckerberg pbs nato clinton cold war berkeley north korea explain guatemala hillary clinton pentagon taliban cnbc palestinians southwest tulsa boeing gop soviet union congo censorship bill clinton marines cuban horn counter kamala arab vietnam war boris johnson democratic party napoleon hawk nicaragua ronald reagan filipino haitian central america gu dnc nelson mandela panda hunter biden twilight zone state department asia pacific somalia libya franklin delano roosevelt fueling laden zambia howard university rnc dwight eisenhower assad iraqi zelensky war on terror osama bin laden laos jd vance secretly west bank niger dots israel palestine korean war lancet inf lockheed martin achieved commander in chief suez canal proceed lindsey graham zionists secret wars jim jordan brandeis university mossad bashir kurds libyan robert kennedy mccarthyism jewish american american jews democratic conventions hmong nassar former cia lao lockheed gabbard zuckerman us foreign policy eastern ukraine wilmer pan africanism american republic militarism senate intelligence committee michael eric dyson reaganomics joseph mccarthy samantha power kurd pacific war panetta us empire leon panetta boeing ceo us israeli brzezinski scott ritter ferdinand marcos jr so israel dave calhoun usa patriot act madeline albright kosovo war so trump albu covert action kermit roosevelt incaa reagan republicans jeremy kuzmarov covertaction magazine arabism william colby kadafi wilmer leon
Airplane Geeks Podcast
810 Digital Twins

Airplane Geeks Podcast

Play Episode Listen Later Aug 7, 2024 96:01


Digital twins captured by aircraft, the new Boeing CEO is named, the airline fee disclosure rule hits a roadblock, the NGAD fighter is paused, the FAA approves BVLOS flights, Wheels Up continues to lose money, and the cause of the fatal CV-22 Osprey accident. Guest Ron Chapple is the VP of Global Strategic Solutions Digital Twins at NV5 Geospatial. He leads a team that works with clients worldwide to acquire, process, and analyze high-resolution lidar and imaging data to create digital twins for various industries and applications. The team uses leading-edge technologies and sensors to capture and visualize data. The digital twins created by NV5 are virtual representations of physical objects, processes, or systems that can be used for real-time monitoring, analysis, and simulation. Digital twins can have applications for many industries, including aviation, energy, education, manufacturing, construction, healthcare, and transportation. Organizations can also use them for training and emergency planning and response. Ron describes how geospatially correct digital twins are created using LiDAR, optical, and other sensors, typically with helicopters or drones, and sometimes with fixed-wing aircraft. We learn how multiple sensor data is combined for the digital twins and the requirement for precise piloting. Ron also illustrates aviation applications for digital twins by explaining some of the airport projects undertaken by NV5. These applications include obstruction analysis, real-time monitoring of ground traffic, and operations simulation. Ron has more than 10 years of experience in lidar and imaging. He founded GEO1, a company that specialized in electric utility, oil and gas, archaeology, and coastal and highway corridor acquisition projects. GEO1 was acquired by NV5 Geospatial in June 2022 and has expanded in scope to include virtual reality, virtual production, and digital twin creation. Ron got his start in aerial cinematography. He worked with USA Today and National Geographic on projects that won a Pulitzer Prize and several EMMY awards and traveled to remote and challenging locations, such as Patagonia, the Arctic Circle, Mt. Everest, Colombia, and Hawaii, to collect and document data that can help preserve and protect natural and cultural heritage. To learn more about digital twins, see Your Guide to Geospatial Digital Twins to request a free ebook. Aviation News Boeing Board Names Kelly Ortberg President and CEO The Boeing board of directors selected Robert K. "Kelly" Ortberg as the company's next president and CEO, succeeding Dave Calhoun, effective August 8, 2024. Ortberg began his career as an engineer at Texas Instruments, then joined Rockwell Collins as a program manager, eventually becoming its president and CEO. He steered the company's integration with United Technologies which then became RTX after merging with Raytheon. Ortberg served on the RTX Board of Directors and is the former Chair of the Aerospace Industries Association (AIA) Board of Governors. U.S. appeals court blocks airline fee disclosure rule The U.S. Transportation Department's new rule requiring airlines and ticket agents to disclose service fees along with airfare has been temporarily blocked by a U.S. appeals court. The industry asked the court for a temporary block and the three-judge panel said the rule "likely exceeds DOT's authority and will irreparably harm airlines." The suit was brought by United, American, Delta, JetBlue, Alaska Airlines, Airlines for America, and the International Air Transport Association. See also A4A, U.S. Airlines Sue DOT Over Fee Disclosure Rule. Air Force ‘taking a pause' on NGAD next-gen fighter The US Air Force pauses the Next Generation Air Dominance (NGAD) stealth fighter program while taking a “hard look” at the jet's design. Boeing and Lockheed Martin are believed to be the primes competing for the NGAD contract. At the same time,

Defense & Aerospace Report
Defense & Aerospace Daily Podcast [Aug 05 24] Week Ahead & Latest on Russia-Ukraine

Defense & Aerospace Report

Play Episode Listen Later Aug 5, 2024 36:37


On today's program, sponsored by HII, Sam Bendett of the Center for Naval Analyses and Dr. Eugene Rumer of the Carnegie Endowment for International Peace discuss last week's deal that saw Russia exchange innocent Americans and Russian activists for Russian assassins, spies and hackers, and whether the deal will prompt Moscow to take more hostages in the future; update on the Ukraine war and growing worries that Kyiv is losing the conflict and if so, what Western nations can do to change the battlefield dynamic; a new Duma law that prohibits soldiers from using their personal electronic devices on the front; and how Vice President Harris and those around her regard Russia, Ukraine and NATO; and Byron Callan of the independent Washington research firm Capital Alpha Partners discusses the sharp market drop on Aug. 5, 2024, and how global worries impacted defense and aerospace equities; a look at Boeing's results last week and news that Kelly Ortberg will succeed Dave Calhoun as the giant's CEO; defense budget prospects as Senate appropriators cleared 11 of 12 spending bills before leaving town for August; prospect of a wider Middle East war war as Iran vows retaliation after Israel assassinated top Hezbollah and Hamas leaders, including one in Tehran; and a look at the week ahead with Defense & Aerospace Report Editor Vago Muradian.

Aposto! Altı Otuz
Aposto Altı Otuz | 1 Ağustos Perşembe - Haniye suikastı, Boeing CEO'su

Aposto! Altı Otuz

Play Episode Listen Later Aug 1, 2024 7:45


Hamas lideri İsmail Haniye, İran'ın başkenti Tahran'da düzenlenen saldırıda öldürüldü. Boeing'de yıl sonunda görevden ayrılacağı açıklanan CEO Dave Calhoun'un yerini alacak ismin Kelly Ortberg olacağı açıklandı. Bu bölüm Schneider Electric hakkında reklam içermektedir. Bugün Dünya Limit Aşım Günü; insanlığın bir yılda doğanın yenileyebileceğinden daha fazla kaynak tükettiğini ve ekolojik ayak izimizin gezegenin biyolojik kapasitesini aştığını gösteriyor. "Dünyanın En Sürdürülebilir Şirketleri" arasında birinci seçilen Schneider Electric, sürdürülebilir geleceğin hayalden daha öteye, gerçek hayata dönüşmesi fikrini benimsiyor, hedefler belirliyor, gerekli çözümler sunuyor ve olumlu sonuçları sürekli hâle getirmek için çalışmalarına devam ediyor. Aposto Gündem'e buradan ulaşabilirsiniz.

Squawk on the Street
Microsoft's Cloud Miss, Boeing's New Chief, AMD & T-Mobile CEOs 7/31/24

Squawk on the Street

Play Episode Listen Later Jul 31, 2024 48:05


Carl Quintanilla, Jim Cramer and David Faber broke down Microsoft's quarterly results at the top of the show, where the stock slipped following a cloud miss. The anchors then brought in AMD CEO Lisa Su for a First on CNBC interview to break down her company's latest quarter. Shares of AMD soared on its strong results, as the company said its data center sales more than doubled in a year. After the opening bells, T-Mobile CEO Mike Sievert joined the group at Post 9 at the NYSE for another earnings interview. Also in the mix; the desk discussed Boeing tapping aerospace veteran Kelly Ortberg to succeed Dave Calhoun as CEO. Squawk on the Street Disclaimer

WALL STREET COLADA
Julio 29: Se espera que los Juegos Olímpicos de París den un gran impulso a las casas de apuestas deportivas. Deadpool & Wolverine establece un récord de taquilla para su debut con clasificación R. Boeing pide a los proveedores un registro de docu

WALL STREET COLADA

Play Episode Listen Later Jul 29, 2024 4:39


Noticias Económicas y Financieras En un gran impulso a la comunidad de criptomonedas, el expresidente Donald Trump hizo una aparición en la Conferencia Bitcoin 2024 en Nashville durante el fin de semana. Cabe señalar que es temporada electoral, cuando los contendientes refuerzan el apoyo necesario de sectores de la población, pero Trump también describió su nuevo amor desde un punto de vista estratégico y geopolítico. "Si no lo adoptamos [la tecnología criptográfica y bitcoin], China y otros lo harán. Mi visión es la de una América que domine el futuro". Al modificar el perfil de vencimiento de su emisión de deuda, el Departamento del Tesoro está dirigiendo las condiciones financieras y, por extensión, la economía en general. Esto puede invadir el papel fundamental que desempeña la Reserva Federal, según un nuevo estudio de Hudson Bay Capital, debido a que las emisiones descomunales de letras del Tesoro interfieren en la capacidad del banco central para contener la inflación. La novedosa herramienta -denominada "emisión activista de bonos del Tesoro"- ha sido un "impulsor importante del mercado durante el año pasado" y también se espera que "siga desempeñando un papel significativo en el año que viene". Según se informa, el exdirector de Rockwell Collins, Kelly Ortberg, está siendo considerado para el puesto de director ejecutivo de Boeing $BA para suceder a Dave Calhoun. Este último dejará el cargo a finales de año en medio de desafíos operativos y preocupaciones de seguridad. Ortberg, un veterano de la industria aeroespacial, se desempeñó como asesor del director ejecutivo de RTX y dirigió Rockwell Collins y sus entidades sucesoras durante unos ocho años mientras atravesaba fusiones y reestructuraciones. Otros candidatos potenciales para el puesto principal en Boeing incluyen a los insiders Stephanie Pope y Steve Mollenkopf, así como al director ejecutivo de Spirit AeroSystems $SPR, Pat Shanahan. Venezuela se prepara para más agitación política, ya que tanto el partido gobernante como la oposición se adjudicaron la victoria en las últimas elecciones presidenciales. Las elecciones se producen en medio de una crisis económica paralizante y sanciones que han obligado a millones de personas a abandonar el país en los últimos años. "Tenemos serias preocupaciones de que el resultado anunciado no refleje la voluntad ni los votos del pueblo venezolano", dijo el secretario de Estado de Estados Unidos, Antony Blinken, en un comunicado. "Es fundamental que los funcionarios electorales compartan de inmediato la información con la oposición y los observadores electorales sin demora y que las autoridades electorales publiquen un recuento detallado de los votos".

Zakendoen | BNR
Beursnerd | Boeing hoopt grip op productieproces terug te krijgen met nieuwe miljardendeal

Zakendoen | BNR

Play Episode Listen Later Jul 1, 2024 3:35


De AEX heeft het eerste half jaar afgesloten met een winst van meer dan 17 procent. Zet die trend zich ook in de tweede helft van 2024 door? En: Boeing koopt een groot deel van de eerder afgesplitste toeleverancier Spirit AeroSystems terug voor een miljardenbedrag. Lukt het de vertrekkende topman Dave Calhoun om Boeing hiermee in rustiger vaarwater te krijgen voordat hij zelf afscheid neemt?  Beursnerd en Beursnerd XL Iedere werkdag iets na elf uur werpt de Beursnerd in gesprek met presentator Thomas van Zijl een blik op de AEX, waarbij hij of zij de diepgang niet schuwt. Daarnaast is er donderdag om tien voor twaalf een langere beursanalyse. Die neemt Beursnerd XL Jochem Visser voor zijn rekening.See omnystudio.com/listener for privacy information.

The FOX News Rundown
"We Deserve Safe Airlines": Boeing Taken To Task On Capitol Hill

The FOX News Rundown

Play Episode Listen Later Jun 20, 2024 31:35


This week, Boeing CEO Dave Calhoun testified before the Senate about alleged negligence within the company that led to deadly plane crashes in 2018 and 2019. The families of the victims are now seeking a $25 billion fine for the accidents after they say the company breached the terms of their agreement, which has allowed them to avoid criminal charges for the fatal crashes. The families have called Boeing's actions the "deadliest corporate crime in US history." Senator Roger Marshall (R-KS) joins the Rundown to discuss the testimony of Dave Calhoun, what measures he wants to see employed to ensure the safety of airline passengers, and why he believes criminal penalties should not be taken off the table in the case of fatal crashes. Over the past seven weeks, the NASDAQ has consistently closed at record highs, and the S&P 500 reached a new high at the end of trading on Tuesday. However, issues like credit card debt and inflation are still affecting the economy ahead of the election. Jonathan Hoenig, the founder of The Capitalist Pig Hedge Fund and a FOX News contributor, discusses how AI is influencing the stock market boom and breaks down the current state of the economy. Plus, commentary by Brian Kilmeade, Host of One Nation with Brian Kilmeade and The Brian Kilmeade Show. Photo Credit: AP Learn more about your ad choices. Visit megaphone.fm/adchoices

WALL STREET COLADA
Junio 20: Un panel del Senado interrogó a Boeing. La empresa matriz de Olive Garden, Darden Restaurants, informó el jueves ganancias que superaron las expectativas de los analistas.

WALL STREET COLADA

Play Episode Listen Later Jun 20, 2024 4:29


Noticias Económicas y Financieras El S&P 500 registró otro récord el martes (que fue el día de negociación más reciente, ya que los mercados estuvieron cerrados el miércoles por el feriado del 16 de junio). El índice amplio del mercado sumó un 0.25%, mientras que el Nasdaq Composite también alcanzó otro nuevo máximo, subiendo poco a poco un 0.03%. El promedio industrial Dow Jones, mientras tanto, subió 56.76 puntos, o un 0.15%. NVIDIA $NVDA fue la estrella del espectáculo una vez más el martes, subiendo un 3.5%. De cara al futuro, los inversores estarán atentos a las cifras iniciales de solicitudes de desempleo y a los datos de construcción de viviendas el jueves por la mañana. Hay un nuevo rey del mercado de valores. Nvidia se convirtió el martes en la empresa pública más valiosa del mundo cuando su capital de mercado superó al de Microsoft. Las acciones del fabricante de chips subieron un 3.5% en el día, lo que le dio a la compañía una capitalización de mercado de $3.34T y la empujó por encima de los $3.32T de Microsoft. Nvidia, a quien se le atribuye el mérito de ser el motor detrás de la explosión de la IA, ha tenido un ascenso meteórico hasta la cima del mercado de valores. Sus acciones han subido más del 170% en lo que va de 2024. Un panel del Senado interrogó a Boeing. El director ejecutivo Dave Calhoun fue interrogado el martes sobre las fallas de seguridad y calidad de la compañía, las acusaciones de recortes por parte de los denunciantes y el propio paquete salarial de Calhoun. La reputación del fabricante de aviones se ha visto empañada desde la explosión del panel de una puerta en el aire en un vuelo de Alaska Airlines en enero. El subcomité del Senado también publicó el nuevo testimonio de un investigador de control de calidad que dijo que la compañía perdió la pista de las piezas que estaban dañadas o que no cumplían con las especificaciones. Calhoun, quien ha dicho que dimitirá a finales de año, testificó que la empresa ha escuchado preocupaciones sobre su cultura “altas y claras” y que está “tomando medidas y progresando”. La empresa matriz de Olive Garden, Darden Restaurants, informó el jueves ganancias que superaron las expectativas de los analistas, pero los ingresos quedaron ligeramente por debajo de las previsiones. Los restaurantes de alta cocina de la compañía tuvieron más dificultades de lo que esperaban los analistas. Las ventas netas de Darden para el cuarto trimestre fiscal aumentaron un 6.8 % a $2.96B, impulsadas por la adquisición por parte de la compañía de Ruth's Chris Steak House y otras 37 nuevas ubicaciones netas. Las acciones de la cadena de restaurantes subieron más del 1% en las operaciones previas a la comercialización. El cofundador de OpenAI, Ilya Sutskever, está lanzando una nueva empresa de inteligencia artificial. Llamará a su nueva empresa Superinteligencia Segura, o SSI, y dijo en una publicación en X que continuaría enfocándose en la seguridad. Sutskever fue anteriormente el científico jefe de OpenAI. Fue uno de varios miembros de la junta que se enfrentaron con el director ejecutivo de OpenAI, Sam Altman, por el manejo de la seguridad de la IA por parte de la compañía y parte del grupo que había intentado sin éxito expulsar a Altman de su puesto.

From Washington – FOX News Radio
"We Deserve Safe Airlines": Boeing Taken To Task On Capitol Hill

From Washington – FOX News Radio

Play Episode Listen Later Jun 20, 2024 31:35


This week, Boeing CEO Dave Calhoun testified before the Senate about alleged negligence within the company that led to deadly plane crashes in 2018 and 2019. The families of the victims are now seeking a $25 billion fine for the accidents after they say the company breached the terms of their agreement, which has allowed them to avoid criminal charges for the fatal crashes. The families have called Boeing's actions the "deadliest corporate crime in US history." Senator Roger Marshall (R-KS) joins the Rundown to discuss the testimony of Dave Calhoun, what measures he wants to see employed to ensure the safety of airline passengers, and why he believes criminal penalties should not be taken off the table in the case of fatal crashes. Over the past seven weeks, the NASDAQ has consistently closed at record highs, and the S&P 500 reached a new high at the end of trading on Tuesday. However, issues like credit card debt and inflation are still affecting the economy ahead of the election. Jonathan Hoenig, the founder of The Capitalist Pig Hedge Fund and a FOX News contributor, discusses how AI is influencing the stock market boom and breaks down the current state of the economy. Plus, commentary by Brian Kilmeade, Host of One Nation with Brian Kilmeade and The Brian Kilmeade Show. Photo Credit: AP Learn more about your ad choices. Visit megaphone.fm/adchoices

Fox News Rundown Evening Edition
"We Deserve Safe Airlines": Boeing Taken To Task On Capitol Hill

Fox News Rundown Evening Edition

Play Episode Listen Later Jun 20, 2024 31:35


This week, Boeing CEO Dave Calhoun testified before the Senate about alleged negligence within the company that led to deadly plane crashes in 2018 and 2019. The families of the victims are now seeking a $25 billion fine for the accidents after they say the company breached the terms of their agreement, which has allowed them to avoid criminal charges for the fatal crashes. The families have called Boeing's actions the "deadliest corporate crime in US history." Senator Roger Marshall (R-KS) joins the Rundown to discuss the testimony of Dave Calhoun, what measures he wants to see employed to ensure the safety of airline passengers, and why he believes criminal penalties should not be taken off the table in the case of fatal crashes. Over the past seven weeks, the NASDAQ has consistently closed at record highs, and the S&P 500 reached a new high at the end of trading on Tuesday. However, issues like credit card debt and inflation are still affecting the economy ahead of the election. Jonathan Hoenig, the founder of The Capitalist Pig Hedge Fund and a FOX News contributor, discusses how AI is influencing the stock market boom and breaks down the current state of the economy. Plus, commentary by Brian Kilmeade, Host of One Nation with Brian Kilmeade and The Brian Kilmeade Show. Photo Credit: AP Learn more about your ad choices. Visit megaphone.fm/adchoices

WALL STREET COLADA
Junio 19: Nvidia superó el martes a Microsoft para convertirse en la empresa pública más valiosa del mundo, con una capitalización de mercado de $3.34T. El gasto minorista estadounidense creció 0.1% en mayo, por debajo de las expectativas.

WALL STREET COLADA

Play Episode Listen Later Jun 19, 2024 3:24


Noticias Económicas y Financieras $NVDA Nvidia superó el martes a Microsoft $MSFT para convertirse en la empresa pública más valiosa del mundo, con una capitalización de mercado de $3.34T. El hito se produce después de un notable aumento del 170% en el precio de sus acciones este año y de un aumento de más de nueve veces desde finales de 2022 impulsado por el auge de la inteligencia artificial generativa. Nvidia tiene una participación del 80% del mercado de chips de IA para centros de datos, ya que Microsoft, Apple, Alphabet y Amazon adquieren los procesadores necesarios para impulsar los modelos de IA. El S&P 500 avanzó poco a poco hacia otro récord cuando Nvidia destronó a Microsoft como la empresa más valiosa del mundo. El Nasdaq Composite estuvo a punto de terminar el día en territorio positivo. El Promedio Industrial Dow Jones subió 56 puntos. Las ventas minoristas de mayo generaron preocupaciones sobre la mayor economía del mundo, mientras que los precios del petróleo estadounidense subieron por segundo día. El rendimiento del Tesoro a 10 años cayó. Dave Calhoun, de Boeing, enfrentó intensas críticas por parte de un panel del Senado sobre los problemas de seguridad de la compañía, las quejas de los denunciantes y su compensación. El senador Josh Hawley acusó a Calhoun y Boeing de “minar a cielo abierto” la empresa tomando atajos y criticó su paquete de compensación de $33M. “Francamente, señor, creo que es una farsa que usted todavía tenga un trabajo”, dijo Hawley. Calhoun defendió los esfuerzos de Boeing para mejorar la calidad y la seguridad de fabricación, luego de un incidente reciente que involucró la explosión de un panel de puerta en el aire. El gasto minorista estadounidense creció un magro 0.1% en mayo, por debajo de las expectativas. El lento crecimiento, junto con una revisión a la baja de las cifras de abril, indica una desaceleración en el gasto de los consumidores. Dado que el gasto representa dos tercios de la actividad económica, los inversores esperan que cualquier debilidad pueda llevar a la Reserva Federal a reducir las tasas de interés para estimular el crecimiento. Los mercados están descontando al menos dos recortes de tipos este año, mientras que los funcionarios de la Reserva Federal han indicado que solo es probable un recorte de tipos.

Business Matters
President Putin has arrived in Pyongyang

Business Matters

Play Episode Listen Later Jun 19, 2024 49:27


President Putin has arrived in Pyongyang on a state visitPresident Biden has announced a new policy that would protect hundreds of thousands of undocumented spouses of US citizens from deportation.Boeing's boss Dave Calhoun faces tough questions from lawmakers about the companies culture

Closing Bell
Closing Bell Overtime: Wall Street's Biggest Bull: Evercore's Julian Emanuel On Street High S&P 500 Call; Boeing CEO On The Hill 6/18/24

Closing Bell

Play Episode Listen Later Jun 18, 2024 43:25


Evercore's Julian Emanuel breaks down why he is raising his year-end price target for the S&P 500 to 6,000. Nvidia closed above Microsoft in market valuation for the first time; Bespoke's Paul Hickey and Stifel's Barry Bannister break down where tech goes from here. Two Boeing analysts break down CEO Dave Calhoun's hearing before the Senate. 

Squawk Box Europe Express
European Commission top job

Squawk Box Europe Express

Play Episode Listen Later Jun 18, 2024 27:04


We are live in Brussels where the European Commission top job is up for grabs. The EPP is demanding the presidency is split into two terms of two-and-a-half years. Wall Street enjoys a mega-cap rally with the S&P 500 notching a 30th record close this year. In aviation news, Boeing CEO Dave Calhoun prepares to face lawmakers on Capitol Hill over the plane maker's recent safety record troubles. And Israeli Prime Minister Benjamin Netanyahu dissolves his war cabinet as discontent grows over the ongoing war in Gaza.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Mike Hosking Breakfast
Richard Arnold: US Correspondent on on the Boeing Senate hearing and the new whistleblower claims

The Mike Hosking Breakfast

Play Episode Listen Later Jun 18, 2024 5:49


Boeing's CEO has never spoken to any of the whistleblowers accusing the company of safety issues.  The aerospace manufacturer is being questioned in the US Senate over incidents and allegations the company has had this year.  Ex-employees allege the company has been cutting corners, hiding evidence from regulators, and skipping safety inspections.  Committee member Ron Johnson began the questioning of CEO Dave Calhoun by asking if he'd spoken to any of the whistleblowers.  When Calhoun replied he had not, Johnson suggested it might be a good idea.  US Correspondent Richard Arnold told Mike Hosking that a short time ago Calhoun made an assertation that they're committed to making sure every employee feels empowered to speak up if they have a problem.  He said that there is a striking difference of opinion, as the Head of the Senate Panel says the recent whistleblower had pressure exerted on him to stay silent.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

Defense & Aerospace Report
Defense & Aerospace Report Podcast [Jun 08, '24 Business Report]

Defense & Aerospace Report

Play Episode Listen Later Jun 9, 2024 56:06


On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. Rocket Ron Epstein of Bank of America Securities, Sash Tusa of the independent equity research firm Agency Partners, and Richard Aboulafia of the AeroDynamic advisory consultancy, join host Vago Muradian discuss aerospace and defense stock performance on Wall Street on stronger than expected US jobs growth dampens prospect of rapid interest rate cuts as the European Central Bank cuts borrowing rates; Airbus, Boeing and Embraer report May deliveries; Boeing's CEO Dave Calhoun to testify before Congress on June 18 as the company's Starliner spacecraft makes its maiden launch to orbit; SpaceX's giant Starship makes its fourth and most successful flight; Chemring issues results and Kongsberg holds its capital markets day; more Eurofighters for Germany, more F-35s for Israel and France pledges Mirage jets to Ukraine; our team's takeaways from visits to Poland and Washington; and the legacy of Apollo 8 astronaut and former General Dynamics Chairman and CEO Bill Anders who died June 7 at age 90 when his T-34 crashed in Washington state.

Squawk Pod
Tesla Board Chair Robyn Denholm 06/06/24

Squawk Pod

Play Episode Listen Later Jun 6, 2024 44:35


In a rare interview, Tesla Chair Robyn Denholm discusses the upcoming shareholder vote on Elon Musk's pay package. She discusses Musk's leadership and Tesla's growth trajectory. New York Governor Kathy Hochul has paused the NYC congestion pricing plan indefinitely; NJ Representative Josh Gottheimer explains why he and many other New Jerseyans are celebrating. Plus, Nvidia has hit the $3T mark, and Boeing's outgoing CEO Dave Calhoun will testify before the Senate on his way out of the C-suite.  Josh Gottheimer - 12:13Robyn Denholm - 24:37 In this episode:Joe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie

WALL STREET COLADA
Mayo 31: Nvidia obtiene más del 10% de los ingresos de clientes misteriosos. Dell Technologies cae después de que la guía de márgenes decepcionara. Google se asocia con Magic Leap para explorar oportunidades.

WALL STREET COLADA

Play Episode Listen Later May 31, 2024 4:28


Noticias Económicas y Financieras El expresidente Donald Trump ha sido declarado culpable de los 34 cargos de falsificación de registros comerciales en un juicio por dinero secreto, justo cuando el ciclo de campaña de 2024 se acelera. Una audiencia de sentencia está programada para el 11 de julio, solo unos días antes de la Convención Nacional Republicana, pero no espere pasar tiempo tras las rejas. A sus 77 años, Trump ha cometido un delito por primera vez y ha sido declarado culpable de un delito no violento, mientras que el proceso de apelación seguramente tardará muchos meses o incluso años en desarrollarse y no se resolverá antes de las elecciones. La inflación será el centro de atención esta mañana mientras los mercados se preparan para los datos de precios de los gastos de consumo personal antes de que suene la campana. Las expectativas indican un lento progreso en la lucha contra la inflación de la Reserva Federal, y se espera que el PCE subyacente haya aumentado un 2.8% en abril, el mismo nivel que los tres meses anteriores. Los datos llegan un día después de que la estimación de crecimiento del PIB del primer trimestre fuera revisada a la baja para reflejar un menor gasto de los consumidores. El líder de SA Investing Group, Mott Capital Management, cree que el informe PCE probablemente marcará el rumbo de la política monetaria para los próximos 6 a 9 meses, ya que la Reserva Federal quiere unos meses de datos favorables, "y a este ritmo, eso no parece ser próximamente. $BA Boeing ha presentado un plan para mejorar la seguridad de sus productos, y el CEO Dave Calhoun se reunió con el jefe de la FAA, Michael Whitaker, en Washington, DC. La agencia ha limitado la producción del 737 MAX de Boeing para abordar cuestiones de seguridad, lo que ha afectado negativamente el flujo de caja de Boeing, una métrica clave seguida por los inversores para evaluar la capacidad de la empresa para aumentar las ganancias y pagar la deuda. Whitaker dijo que las restricciones no se levantarán hasta que Boeing muestre un "compromiso fuerte e inquebrantable con la calidad y la seguridad que perdure en el tiempo" y sé comprometió a enviar más inspectores de seguridad a las instalaciones del fabricante de aviones. Los precios del petróleo serán el centro de atención este fin de semana, mientras el mercado espera la reunión de la OPEP+ del domingo, donde el cártel decidirá si extiende los recortes de producción más allá del segundo trimestre. La OPEP+ está trabajando en un acuerdo complejo que permitirá al grupo extender algunos o todos sus profundos recortes de producción hasta 2025, y algunos de los recortes voluntarios hasta el tercer o cuarto trimestre de 2024. Mientras tanto, los futuros del crudo volvieron a caer el jueves como una atracción alcista. Las existencias de crudo en Estados Unidos fueron contrarrestadas por aumentos sorpresa en los inventarios de gasolina y diésel, lo que se sumó a las preocupaciones sobre la demanda de combustible a medida que comienza la temporada de conducción de verano. $NVDA Nvidia obtiene más del 10% de los ingresos de clientes misteriosos. $DELL Dell Technologies cae después de que la guía de márgenes decepcionara. $GOOG Google se asocia con Magic Leap para explorar oportunidades. $TSLA Tesla impulsa la aprobación del software de conducción autónoma total en China.

NTD Business
U.S. Q1 GDP Revised Down As Consumers Curbed Growth; FAA Will Not Allow Boeing To Boost 737 Max Production Yet | Business Matters Full Broadcast (May 30)

NTD Business

Play Episode Listen Later May 30, 2024 23:29


U.S. regulators will not immediately allow Boeing to increase 737 MAX production as it addresses ongoing safety issues, the agency's administrator said on Thursday, after a three-hour meeting with company officials, including outgoing CEO Dave Calhoun.The U.S. economy grew more slowly in the first quarter than previously estimated, after downward revisions to consumer spending and a key measure of inflation ticked down, keeping the Federal Reserve on track to possibly begin cutting interest rates at least once before the end of the year.Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth forecast raised fears that high interest rates and rival AI offerings were hampering demand at the cloud-based software firm. Lisa Bernhard has more.

Business Matters
Boeing CEO's $33m exit package

Business Matters

Play Episode Listen Later May 18, 2024 49:26


Shareholders of plane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun - the highest ever agreed by the company - at its AGM on Friday. Mr Calhoun, who will leave the company at the end of the year, was also re-elected to stay on the troubled company's board.Cubans are enduring some of their bleakest economic times since the Cold War – amid worsening inflation, a scarcity of basic goods and a decades-long US economic embargo. The BBC's Correspondent, Will Grant, looks at how the situation has impacted on one of Cuba's most quintessential industries – sugar – to see how tough the situation has become. Plus as Mercedes workers in Alabama have voted against joining a union we look at the result means for workers and management.Rahul Tandon is joined by Peter Ryan, ABC's senior business correspondent, in Sydney and Han Lin, China Country Director of “The Asia Group” a Washington DC based consultancy, and NYU Shanghai professor based in Shanghai. (Image Credit: The Washington Post/Getty Images.)

World Business Report
Boeing: Shareholders approve $33 million package for outgoing CEO

World Business Report

Play Episode Listen Later May 17, 2024 26:28


Shareholders of plane maker Boeing approved a pay package of nearly $33 million for outgoing CEO Dave Calhoun - the highest ever agreed by the company - at its AGM on Friday. Mr Calhoun was also re-elected to stay on the troubled company's board.Cubans are enduring some of their bleakest economic times since the Cold War – amid worsening inflation, a scarcity of basic goods and a decades-long US economic embargo. The BBC's Correspondent, Will Grant, looks at how the situation has impacted on one of Cuba's most quintessential industries – sugar – to see how tough the situation has become.

Minimum Competence
Legal News for Thurs 5/16 - Ghostwriting Legal Briefs, Quinn Emanuel All-In with AI, Biden 401(k) Rule Repeal Attempts and Boeing Shareholder Challenges to Executive Compensation

Minimum Competence

Play Episode Listen Later May 16, 2024 8:10


This Day in Legal History: President Johnson AcquittedOn May 16, 1868, a significant moment in U.S. legal and political history occurred when President Andrew Johnson was acquitted in his impeachment trial. Johnson, who had ascended to the presidency following the assassination of Abraham Lincoln, was charged with high crimes and misdemeanors, primarily stemming from his violations of the Tenure of Office Act. This law, which was later repealed, had been designed to restrict the power of the President to remove certain officeholders without the Senate's approval.The crux of the case against Johnson was his attempt to remove Edwin Stanton, the Secretary of War, without Senate consent, which ignited a fierce political battle with the Radical Republicans who dominated Congress. These lawmakers sought a stricter Reconstruction of the Southern states following the Civil War, a process Johnson had obstructed through his lenient policies towards the former Confederate states.The impeachment trial in the Senate was a closely watched affair, reflecting deep national divisions during a tumultuous period in American history. Johnson narrowly escaped removal from office by one vote, securing a "not guilty" verdict with a tally of 35-19, just shy of the two-thirds majority required for conviction.This verdict had lasting implications for the balance of power between the presidency and Congress, highlighting the complexities of presidential impeachment. Johnson's trial set a significant precedent, establishing that political disagreements alone were not sufficient grounds for removal from office under the Constitution. This event remains a pivotal chapter in the saga of American governance and legal standards, underscoring the enduring struggle over the limits of presidential authority.Ghostwriting in legal briefs refers to the practice where an experienced attorney, often a specialist in Supreme Court matters, writes or significantly contributes to a brief without their name appearing on the document. This tactic is predominantly used in opposition briefs—the documents that argue why the Supreme Court should not agree to hear a particular case. The strategy behind ghostwriting is to leverage the expertise of seasoned Supreme Court advocates without drawing attention to the case with a high-profile name. This can make the brief more persuasive without signaling that the case might be significant enough to warrant the Court's attention.Despite there being no explicit rules against ghostwriting in court documents, and the American Bar Association deeming it ethically permissible under certain circumstances, the practice has sparked debate. Critics, like law professor Daniel Epps, argue that it might be seen as misleading because it intentionally hides the involvement of influential lawyers to influence the Court's decisions indirectly. Advocates of transparency suggest that disclosing all authors of a brief could lead to more informed decision-making by the justices.However, some legal experts argue that ghostwriting is detectable by justices familiar with the distinct writing styles and argumentative structures typical of veteran Supreme Court lawyers. This recognition could potentially undermine the purpose of ghostwriting by making the justices aware of the underlying significance and expert handling of the case. Despite these concerns, ghostwriting remains a utilized, albeit controversial, tactic in the strategic presentation of cases to the Supreme Court.Ghostwriters Try Steering Supreme Court Justices Away from CasesQuinn Emanuel, a prominent law firm, has integrated an AI-powered tool from Pre/Dicta to predict judicial decisions in litigation cases, enhancing strategic planning and case management. The tool, developed by Pre/Dicta—a company specializing in judicial analytics—utilizes artificial intelligence to analyze various judge-specific factors such as age, gender, education, and net worth, which the company's CEO, Dan Rabinowitz, suggests, in reporting by Bloomberg Law, influence decision-making. This predictive capability is seen as critical for litigators, akin to writing briefs.The technology is designed to anticipate judges' rulings on various motions including summary judgments, class certifications, and venue transfers with an impressive accuracy of about 85%, as evidenced by tests on 50,000 cases. Ryan Landes, a partner at Quinn Emanuel, highlights the strategic advantage this provides, potentially altering the cost-benefit analysis of legal actions based on predicted outcomes.Currently, the tool is used only for analyzing federal court cases, with plans to expand to state court cases, starting with California. This AI application underscores the broader trend of law firms leveraging new technologies to improve efficiency and decision-making.Quinn Emanuel Adopts AI-Powered Tool to Predict Judicial RulingsFederal lawmakers have begun efforts to repeal a new rule by the Department of Labor (DOL) that broadens the definition of a fiduciary, impacting more financial advisors. This rule, finalized in April, extends fiduciary responsibilities to include advice on rolling over 401(k) funds into annuities and individual retirement accounts. Critics, including some Wall Street firms and life insurers, argue that this rule could hinder their ability to earn commissions and offer services, potentially complicating retirement planning for individuals.The resolution to overturn the rule is led by Senators Ted Budd, Bill Cassidy, Joe Manchin, and Roger Marshall, along with support in the House from Representatives Rick Allen and Virginia Foxx. They claim the rule constitutes executive overreach and could limit consumers' financial management options and access to advice, risking their future financial security.The rule is already facing legal challenges from the insurance industry, which seeks to prevent its enforcement through a lawsuit filed under the Administrative Procedure Act. This legal action requests both a preliminary and permanent injunction against the rule.The process to repeal the rule involves a Congressional Review Act (CRA) procedure, where Congress, after receiving a report from the Labor Department, has 60 days to pass a joint resolution of disapproval. If passed, this would proceed to President Joe Biden's desk, where he is likely to veto it based on previous actions, such as his veto of a resolution against the DOL's ESG rule in March 2023. However, there remains a possibility for Congress to override such a veto.Biden 401(k) Advice Rule Repeal Effort Begins in Congress (2)Boeing Co. is facing significant scrutiny from shareholders at its annual meeting on May 17, reflecting deep dissatisfaction with the company's management and response to ongoing safety issues with its jets. Shareholders, advised by proxy-voting firms Glass Lewis and Institutional Shareholder Services (ISS), are particularly critical of Boeing's board and executive compensation, signaling discontent with how the company has addressed the systemic safety failures that have plagued its newer aircraft models.Glass Lewis has recommended voting against the reelection of certain board members, including those leading the audit and aerospace safety committees, due to their perceived failure in overseeing necessary safety improvements. Additionally, ISS has advised shareholders to reject the outgoing CEO Dave Calhoun's pay package, which saw a substantial increase despite the company's troubling safety record and operational challenges. This package includes a significant bonus that coincided with additional safety incidents, raising concerns about the misalignment between executive compensation and company performance.The dissatisfaction comes amid a backdrop of operational failures that have not only affected Boeing's share price, which has dropped significantly, but also raised potential for criminal prosecution due to violations of a deferred-prosecution agreement related to past crashes. These ongoing issues, coupled with a wave of executive retirements, including that of CEO Calhoun, suggest a tumultuous period for Boeing.Despite the likelihood that the board members and executive pay proposals will pass, a substantial number of dissenting votes would highlight the shaky confidence investors have in the current leadership's ability to turn around the company's fortunes and address its safety culture effectively. This climate of uncertainty could also impact Boeing's ability to attract a capable successor for Calhoun, as potential candidates may be deterred by the reputational risks and scrutinized compensation involved.Boeing Safety Woes Fuel Opposition to CEO's Pay, Board Make-Up Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

Minimum Competence
Legal News for 4/24 - Boeing Executives Retire With Huge Payouts, TikTok Divestiture Rolls on, and the FTC Bans Non-Compete Clauses (!!)

Minimum Competence

Play Episode Listen Later Apr 24, 2024 9:16


This Day in Legal History: WWI German Use of Chemical Weapons on Canadian TroopsOn April 24, 1915, during the Second Battle of Ypres in World War I, German forces launched one of the first large-scale chemical weapon attacks in history. This attack targeted Canadian troops stationed near the town of Ypres in Belgium. The Germans released chlorine gas, which spread over the Allied trenches, causing widespread injury and death. This marked a grim milestone in the use of modern chemical warfare. Initially unprepared for such a method of warfare, the Allies soon developed their own chemical weapons and retaliatory tactics. British and French forces began incorporating gas warfare into their strategies, leading to an escalation of chemical weapon use on all sides. The devastating effects of gas attacks during World War I highlighted the urgent need for regulation. Efforts to ban the use of chemical weapons gained momentum after the war. One significant advocate for such measures was the International Committee of the Red Cross, which pushed for international agreements to prohibit chemical warfare. Their advocacy was crucial in shaping public and political opinion on the issue.This advocacy culminated in the drafting of the Geneva Protocol in 1925. Formally known as the Protocol for the Prohibition of the Use in War of Asphyxiating, Poisonous or Other Gases, and of Bacteriological Methods of Warfare, this treaty marked a significant step forward in international law. Signed on June 17, 1925, the protocol was initially signed by 38 countries. The Protocol prohibited the use of asphyxiating, poisonous gases, and bacteriological methods of warfare in conflicts. Despite its limitations—such as not restricting the production, storage, or transfer of these weapons—it represented a key milestone in the efforts to control and eventually eliminate the use of chemical weapons in conflicts. This agreement laid the groundwork for later treaties that aimed to further control or eradicate weapons of mass destruction.Boeing Co. executives Dave Calhoun and Stan Deal are set to retire with substantial compensation packages totaling approximately $45 million, despite their tenure overlapping with significant manufacturing issues in the 737 series jets. This substantial payout is possible because they are retiring rather than being dismissed, allowing them to avoid the company's clawback policy which could have otherwise enabled Boeing to reclaim some of their earnings due to negligence or misconduct. Their strategic retirement comes at a time when Boeing is under heavy scrutiny following a safety incident involving a 737 Max 9, which led to a 32% drop in the company's share prices and raised serious quality concerns among stakeholders.In response to these quality issues, Boeing shareholders are expected to approve new compensation guidelines that tie executive pay more closely to safety and operational performance. This policy change follows a leadership reshuffle initiated two months after the incident, signaling a concerted effort to pivot towards stringent safety measures. The new policy is a shift from the previous model, where operational performance was less significantly weighted compared to financial metrics.The existing clawback policy at Boeing allows for the recovery of incentive-based compensation in cases of misconduct or negligence that impacts the company's product safety. However, this policy requires significant misconduct for activation, which has not been pursued in the case of Calhoun and Deal according to the latest reports.An element of law relevant here is the clawback provision under the Sarbanes-Oxley Act of 2002, enhanced by the Dodd-Frank Act of 2010. These laws were designed to improve corporate governance and accountability, especially in the wake of financial scandals. Under these regulations, public companies can reclaim executive compensation in the event of misconduct that leads to financial restatements or significant failures in corporate governance. This legislative framework is crucial for understanding how companies like Boeing create and enforce policies meant to ensure executive accountability, especially in situations impacting public safety and investor interests. Boeing Leaders' Windfall Predates New Safety Goals Tied to PayBoeing to face questions on potential CEO candidates, Spirit talks | ReutersThe U.S. Senate has passed a bill requiring ByteDance, the Chinese owner of TikTok, to divest its U.S. operations within nine months or face a nationwide ban. President Joe Biden intends to sign the bill, initiating a 270-day period for ByteDance to complete the sale, potentially extendable by 90 days. If no sale occurs by then, the fate of TikTok could depend on the incoming U.S. president after the January 2025 inauguration.Once the law is enacted, TikTok is expected to file a lawsuit challenging its constitutionality and seek a preliminary injunction to prevent the law's enforcement while the case is considered. This legal strategy mirrors TikTok's successful efforts in Montana, where it obtained an injunction against a state-level ban.If TikTok secures a preliminary injunction, the sale could be delayed, allowing TikTok to continue operating in the U.S. during the legal proceedings. This situation recalls previous attempts by the Trump administration to ban TikTok and WeChat, which were thwarted by legal challenges, leading to Biden rescinding those orders in 2021.The outcome of this legislation and TikTok's legal challenges could significantly impact its 170 million U.S. users, although no immediate changes to the app are expected until the divestment period concludes in early 2025.Regarding international considerations, the divestment of TikTok might require approval from the Chinese government due to export controls on certain technologies, including TikTok's recommendation algorithm.TikTok ban: What happens next after US Senate passed the bill? | ReutersThe Federal Trade Commission (FTC) has adopted a comprehensive ban on non-compete clauses, which are contractual agreements that limit employees' ability to switch jobs within their industry. This decision, prompted by an executive order from President Biden three years ago, aims to mitigate the restrictions that roughly 20% of U.S. workers face due to such clauses. FTC Chair Lina Khan highlighted that this rule is about protecting economic liberty and dismissed claims that the FTC lacks the authority to enforce such regulations.The new rule, passed with a 3-2 vote, will prohibit most new non-compete agreements, including those for senior executives. However, pre-existing agreements for high-earning executives in policymaking positions will remain unaffected. Lower-level employees' existing non-compete agreements will become void six months after the rule is implemented, potentially boosting U.S. earnings by over $400 billion in the next decade. This rule excludes employees of non-profits and franchises.The rule has significant support from labor organizations like AFL-CIO and the Service Employees International Union, as well as Democratic senators and attorneys general from various states. The public largely favors the ban, as evidenced by the overwhelming majority of supportive comments received during the FTC's consultation period.Opposition comes from business groups and some FTC members who argue that the rule is too broad and infringes on companies' rights to protect confidential information. Critics, including the U.S. Chamber of Commerce, argue that the FTC oversteps its regulatory bounds and threatens economic micromanagement. This has sparked promises of legal challenges against the rule's enforcement.The key debate here is over the FTC's rulemaking authority. This aspect is crucial because it underpins the entire legal challenge likely to follow. Opponents argue the FTC lacks the explicit congressional authorization needed to enact such broad economic regulations, a point of contention that echoes recent Supreme Court skepticism towards perceived agency overreach. This legal argument could significantly influence the rule's future and its impact on American labor markets.FTC Issues Worker Non-Compete Ban as Chamber Lawsuit Looms (2)U.S. bans noncompete agreements for nearly all jobsChangpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, is facing a proposed sentence of 36 months in prison after pleading guilty to charges related to money laundering violations. U.S. prosecutors have made this recommendation due to the severity of Zhao's infractions, emphasizing that his actions knowingly violated U.S. laws. Although federal guidelines suggest a maximum of 18 months for such offenses, the prosecution argues for a longer sentence given the case's circumstances.Zhao resigned as CEO of Binance in November following his and the company's admission of these violations, resulting in a staggering penalty of $4.32 billion for Binance. This penalty includes a $1.81 billion criminal fine and $2.51 billion in restitution. Additionally, Zhao has agreed to a personal fine of $50 million and to sever all ties with Binance, which he originally founded in 2017.Binance itself was found to have failed in reporting over 100,000 transactions suspected of being linked to terrorist groups such as Hamas, al Qaeda, and ISIS. Furthermore, the platform was implicated in facilitating the sale of child sexual abuse materials and processing a significant amount of ransomware payments.Zhao, who is out on a $175 million bond in the U.S., has consented to these penalties and has opted not to appeal any sentence up to 18 months. His sentencing is scheduled for April 30 in Seattle.US seeks 36 months' jail for Binance founder Zhao | Reuters Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

Business daily
Crisis-hit Boeing reports quarterly revenue drop

Business daily

Play Episode Listen Later Apr 24, 2024 5:37


Under intense pressure since a part of the fuselage on its 737 Max plane blew out mid-flight, Boeing reported its first-quarter results with revenue falling to $16.5 billion and a cash burn of nearly $4 billion... though they were still better than feared. The planemaker's board has yet to name a successor to CEO Dave Calhoun who announced his resignation last month. Plus, the EU has launched a probe into China's medical device market, drawing a sharp response from Beijing. 

Real News Now Podcast
WATCH: Southwest Boeing 737 Engine Ripping Apart During Takeoff

Real News Now Podcast

Play Episode Listen Later Apr 7, 2024 4:05


A Southwest Airlines flight, destined for Houston, stirred unease among its passengers on Sunday, when one of its engines - a significant component on the Boeing 737-800 - demonstrated signs of damage during the flight. The aircraft promptly turned back to Denver when the crew discovered a detachable metal component of the engine had separated during its ascent. A chilling clip circulated by ABC's lead transportation journalist, Sam Sweeney, shows the metal engine cover flapping perilously as it separated from its place. The incident witnessed by the passengers involved an engine of the Southwest Airlines jet rupturing during the takeoff. The Federal Aviation Administration (FAA) clarified through an announcement that an engine cowling, a part of the aircraft, had broken away and hit one of the wing flaps of the aircraft. When contacted, a representative from Southwest, via email correspondence, informed The Post that this incident stemmed from a 'mechanical issue.' The Southwest Flight 3695 safely touched down at Denver International Airport due to the arisen complications from this malfunction. The concerned Southwest spokesperson conveyed to The Post that the travelers on the affected flight would reach Houston Hobby via an alternate aircraft, but with an approximate delay of three hours. The flight had taken its initial departure from Denver International Airport at around 7:49 a.m. local timing, intended for William P. Hobby Airport in Houston. Barely 25 minutes into the flight, the pilots had to bring the aircraft back to Denver, making a secure landing at 8:14 a.m., after which the plane was pulled to the gate. Currently, the FAA is conducting a thorough investigation into the occurrence. The issue today adds to an increasingly worrying series of safety concerns that have been incessantly hounding the aerospace behemoth throughout the year 2024. This comes on the heels of CEO Dave Calhoun's recent announcement that he will be resigning from his role by the end of this year.See omnystudio.com/listener for privacy information.

Business Travel 360
Linking the Travel Industry | Did AmexGBT get a Great Deal on CWT?

Business Travel 360

Play Episode Listen Later Apr 5, 2024 18:08


Linking the Travel Industry is a business travel podcast where we review the top travel industry stories that are posted on LinkedIn by LinkedIn members.  We curate the top posts and discuss with them with travel industry veterans in a live session with real audience members.  You can join the live recording session by visiting BusinessTravel360.com and registering for the next event.Your Hosts are Riaan van Schoor, Ann Cederhall and Aash Shravah.Stories covered on this session include -The big news of the week is the proposed acquisition of CWT by American Express Global Business Travel for $570m.SAS - Scandinavian Airlines will increase their EDIFACT distribution fees and remove lower fares from this channel as of 1 April. It seems the European Commission is not going to rubberstamp the proposed Lufthansa & ITA Airways deal without further scrutiny.Boeing fires it's CEO Dave Calhoun along with two other senior board members. Erika Armstrong asks a valid question about Dave's replacement, Stephanie Pope.UK based TMC for the entertainment industry TAG makes yet another US expansion by acquiring Travel Stars Inc. in Nashville, which manages travel for country music artists and luxury travel for wealthy individuals. NDC aggregator AirGateway lands a deal with the TMC network GlobalStar Travel Management.Extra Story - Breeze Airways partners with PricelineYou can subscribe to this podcast by searching 'BusinessTravel360' on Google Podcast, Apple Podcast, iHeart, Pandora, Spotify, Alexa or your favorite podcast player.This podcast was created, edited and distributed by BusinessTravel360.  Be sure to sign up for regular updates at BusinessTravel360.com - Enjoy!Support the show

The Jacqueline Monroe Show
366- Diddy Allegations, Baltimore Bridge Collapse, Wedding Updates & Hot Takes

The Jacqueline Monroe Show

Play Episode Listen Later Mar 29, 2024 115:15


Today we deep dive into my latest life updates and the terrible things happening in the world. I break down Kate Middleton's cancer announcement, Diddy's homes being raided by Homeland Security, the Baltimore Bridge collapse, the Moscow concert hall attack, Dave Calhoun stepping down as CEO of Boeing, the Great Wall of China length, and MORE!! Thanks for listening and supporting the show!! BECOME A PATRON! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.patreon.com/tjms⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  KEEP IN TOUCH! INSTAGRAM »⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/jacquelinemonroe/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  TIKTOK » jacqueline.monroe  EMAIL THE SHOW! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠tjmsshow@gmail.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  MY MUSIC GUY: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://soundcloud.com/robmonmusic⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  SPONSORS Spotify for Podcasters

Bryan Air
#177 Aviation News | Boeing C-Suite Shake Up

Bryan Air

Play Episode Listen Later Mar 27, 2024 20:23


❤️Become a Patreon by clicking: https://www.patreon.com/bryanair Thank you for supporting an important part of our lives. Without you, this show would not be possible.    ON THIS EPISODE OF THE BAP ✈️ Boeing's chief executive, Dave Calhoun, will be leaving at the end of the year . The head of its commercial airlines division is retiring immediately, and the chairman will not stand for re-election. Analysts believe a change in leadership is necessary to address the company's corporate culture issues. The company is facing a criminal investigation and legal action related to the recent safety incident. The departure of key executives and the appointment of new leadership are seen as steps towards addressing the challenges Boeing is currently facing. COMMUNITY SPOTLIGHT

The Indicator from Planet Money
Help Wanted at Boeing

The Indicator from Planet Money

Play Episode Listen Later Mar 26, 2024 9:28


Boeing's CEO Dave Calhoun has resigned and will step down at the end of the year. It comes after a series of mishaps with the aviation company including a door plug blowing off a 737 MAX 9 mid-flight. In today's episode, we turn to a head-hunter to explore what Boeing might look for in a new CEO. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

The Brian Lehrer Show
Is it Safe to Fly on a Boeing Plane?

The Brian Lehrer Show

Play Episode Listen Later Mar 26, 2024 33:43


The CEO of Boeing, Dave Calhoun, announced he will step down this year amid a management scandal. Lori Aratani, reporter covering transportation issues for The Washington Post, breaks down what's going on at the fraught airline company and just how safe it is to fly.

Brian Lehrer: A Daily Politics Podcast
Assessing Airline Safety As Boeing's CEO Steps Down

Brian Lehrer: A Daily Politics Podcast

Play Episode Listen Later Mar 26, 2024 21:23


The CEO of Boeing, Dave Calhoun, announced he will step down this year amid a management scandal.On Today's Show:Lori Aratani, reporter covering transportation issues for The Washington Post, breaks down what's going on at the fraught airline company and just how safe it is to fly.

FT News Briefing
Why Russia was caught off guard

FT News Briefing

Play Episode Listen Later Mar 26, 2024 11:20


The UN Security Council passed a resolution demanding a ceasefire in Gaza, the Ukraine war distracted Russian security forces from addressing Islamist terrorism threats, and Boeing chief executive Dave Calhoun plans to step down at the end of the year. Plus, the FT's Antoine Gara explains how infrastructure went from an investment backwater to a $1tn asset class. Mentioned in this podcast:How Ukraine war distracted Moscow from Isis-K threatInfrastructure: from investment backwater to a $1tn asset classIsrael cancels Washington visit after UN resolution demands Gaza ceasefireBoeing CEO Dave Calhoun to step down as company battles safety concernsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Kyra Assibey-Bonsu, Zach St. Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Discover Daily by Perplexity
Trump's Truth Social goes public, Boeing CEO resigns, and a 30-year-old Windows feature

Discover Daily by Perplexity

Play Episode Listen Later Mar 26, 2024 6:03 Transcription Available


In today's episode of Discover Daily, we explore three captivating stories from the worlds of business, technology, and software development. First, we delve into former President Donald Trump's return to the stock market as his social media company, Truth Social, goes public through a merger with Digital World Acquisition Corp (DWAC). With a 58.1% stake, Trump stands to potentially earn over $3-4 billion, but faces a 6-month lock-up period before he can sell shares. We examine the details of the deal, Truth Social's $5B+ valuation, and the investigations that delayed the merger.Next, we discuss the major leadership shakeup at Boeing as the aerospace giant grapples with ongoing safety issues and a federal investigation. CEO Dave Calhoun announces his resignation amid the fallout from the 737 MAX door blowout incident, while Boeing Commercial Airplanes CEO Stan Deal retires immediately and other top executives shift roles. We analyze the challenges Boeing faces in restoring its reputation and addressing deep-rooted cultural problems following the two deadly 737 MAX crashes in 2018-19 and other safety problems.Finally, we uncover the surprising 30-year history of a "temporary" menu feature in Microsoft Windows, created by engineer Raymond Chen in 1994, which has persisted through every version of the operating system up to Windows 11. This anecdote highlights the unexpected longevity of some software components and the challenges of replacing familiar elements, even if they were originally intended as quick fixes, reflecting the complex, layered history of software development at Microsoft and across the tech industry.Trump's Truth Social goes publichttps://www.perplexity.ai/search/Trumps-Truth-Social-qHHTDaBnQAebdoUoR9iNlwBoeing CEO resignshttps://www.perplexity.ai/search/Boeing-CEO-resigns-BrhYJWVnTEyEOdO67y2KvQ30-year-old Windows featurehttps://www.perplexity.ai/search/30yearold-Windows-feature-1QQdlQPoSOOzLGszsMh83wPerplexity is the fastest and most powerful way to search the web. Perplexity crawls the web and curates the most relevant and up-to-date sources (from academic papers to Reddit threads) to create the perfect response to any question or topic you're interested in. Take the world's knowledge with you anywhere. Available on iOS and Android Join our growing Discord community for the latest updates and exclusive content. Follow us on: Instagram Threads X (Twitter) YouTube Linkedin

THE STANDARD Podcast
Executive Espresso EP.498 ทำไม Boeing ฉาวซ้ำซาก ความผิดใคร

THE STANDARD Podcast

Play Episode Listen Later Mar 26, 2024 28:09


ล่าสุด Dave Calhoun ประกาศลาออกจากตำแหน่ง CEO ของ Boeing มีผลสิ้นปี 2024 จากเหตุการณ์ประตูเครื่องบินที่หลุดกลางอากาศ เครื่องบินหล่นวูบขณะบินจนผู้โดยสารบาดเจ็บกว่าครึ่งร้อย และล่าสุดตอกย้ำความไม่ชอบมาพากลเมื่ออดีตพนักงานที่ออกมาให้ข้อมูลถึงความกังวลใจเรื่องมาตรฐานการผลิตเครื่องบินของ Boeing ถูกพบว่าเสียชีวิต ยังไม่รวมเหตุการณ์เมื่อปี 2018-2019 ที่เครื่องบินรุ่น 737 MAX ตกถึง 2 ครั้งติดภายในเวลาเพียง 5 เดือน Executive Espresso เอพิโสดนี้ ชวนคุณมาแกะรอยเพื่อเรียนรู้เบื้องหลังการบริหารธุรกิจ Boeing บริษัทผู้ผลิตเครื่องบินเจ้าใหญ่ระดับโลก วิกฤตครั้งใหญ่และผลกระทบต่อชีวิตผู้โดยสารที่ไม่อาจเรียกคืนกลับมาได้

The Daily Zeitgeist
Hot 4 Gators with Jack 'n' Miles 3/25: Boeing, Biden's Billions (for Israel), Trump, Kate Middleton, Box Office

The Daily Zeitgeist

Play Episode Listen Later Mar 25, 2024 53:05 Transcription Available


In this edition of Hot 4 Gators, Jack and Miles discuss their respective weekends, Boeing's CEO Dave Calhoun stepping down (with a big fat payout, most likely), Biden signing a $1.2 trillion spending package for govt. funding (including a nice little bag for Israel to continue their rendition of Stage 9 of "The 10 Stages Of Genocide"), Trump getting a little more time to weasel his way of the trouble he's in, Kate Middleton NOT getting a BBL, a box office update (feat. Sidney Sweeney) and much more!See omnystudio.com/listener for privacy information.

WSJ Minute Briefing
U.S. Stocks Fall as Interest-Rate Excitement Fades

WSJ Minute Briefing

Play Episode Listen Later Mar 25, 2024 2:38


Plus: Boeing shares rise after the carrier says CEO Dave Calhoun will step down at year's end. Micron Technology shares hit a new record as AI server demand grows. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices

EpochTV
NTD News Today Full Broadcast (March 25)

EpochTV

Play Episode Listen Later Mar 25, 2024 88:34


A New York appeals court agreed on March 25 to hold off on the collection of former President Donald Trump's $454-million civil fraud judgment—if he puts up $175 million within 10 days. If he does, the new move will stop the clock on collection and prevent the state's attorney general from seizing the presumptive Republican presidential candidate's assets while he appeals. The United Nations Security Council has issued its first demand to halt the fighting in Gaza, calling for a cease-fire during the Muslim holy month of Ramadan in a vote that drew an immediate protest from the Israeli prime minister, Benjamin Netanyahu. He canceled a planned visit to Washington by a high-level delegation, and accused the United States of “retreating” from a “principled position” by allowing the vote to pass without conditioning the cease-fire on the release of the hostages still held by Hamas. The resolution passed 14-0 after the United States decided not to use its veto power and, instead, abstained on the resolution. Three senior Boeing executives, including chief executive Dave Calhoun, are stepping down as the commercial airliner manufacturer finds itself embroiled in a deepening scandal over the quality of its products. In a company-wide message, Mr. Calhoun said it was a “watershed moment” for Boeing when a door-plug panel blew out on a 737 Max-9 flown by Alaska Airlines in January. ⭕️Watch in-depth videos based on Truth & Tradition at Epoch TV

P&L With Paul Sweeney and Lisa Abramowicz
Boeing CEO to Step Down in Overhaul

P&L With Paul Sweeney and Lisa Abramowicz

Play Episode Listen Later Mar 25, 2024 39:14 Transcription Available


Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.  George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, and Airlines Analyst, discusses Boeing saying its' CEO Dave Calhoun is stepping down. Erik Larson, Bloomberg Legal Reporter, talks about Donald Trump's bond being reduced to $175 million as he appeals a NY Fine. Katerina Simonetti, Senior Vice President, Private Wealth Advisor of Morgan Stanley Private Wealth Management, discusses her outlook on the markets. Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst, joins the program to discuss Apple, Google, and Meta being probed by the EU. Joe Degrosa, Chairman and CEO of Axxes Capital, discusses the latest on the markets.  Hosts: Paul Sweeney and Alix SteelSee omnystudio.com/listener for privacy information.

Tom Sullivan Show
Tom Sullivan Show, March 25th, Hour 2

Tom Sullivan Show

Play Episode Listen Later Mar 25, 2024 36:25


Boeing's CEO Dave Calhoun will step down by the end of the year amid safety concerns.

Aviation Week's Check 6 Podcast
Making Sense Of Boeing's Leadership Shake-Up

Aviation Week's Check 6 Podcast

Play Episode Listen Later Mar 25, 2024 27:58


On March 25 Boeing signaled the departures of President and CEO Dave Calhoun, Chairman Larry Kellner and Stan Deal, president of its Commercial Airplanes division. Aviation Week's Joe Anselmo, Michael Bruno, Jens Flottau and Guy Norris break down the seismic leadership changes and what they mean for the company's future.

Real News Now Podcast
Boeing CEO Dave Calhoun Will Step Down At Year's End

Real News Now Podcast

Play Episode Listen Later Mar 25, 2024 5:02


Dave Calhoun, head of Boeing, is set to retire from his position at the conclusion of 2024, amid the lingering implications from the 737 Max debacle. Assigned the task of reviving the firm's fortunes in 2020, Calhoun will aim to finalize the pivotal undertakings in progress in a bid to consolidate and pave the way forward for the organization, as stated in a company release. Alongside the imminent exit of Calhoun, Boeing also revealed plans for a comprehensive revision of its executive roster, as part of a determined effort to restore its standing. In addition to the looming leadership reshuffle, several other strategic personnel changes will occur effective immediately, in order to breathe new life into the legendary aerospace firm. Stan Deal, the top executive of Boeing Commercial Airplanes (BCA), is another key player bidding farewell to the corporation. The position of leadership that Deal leaves vacant will be filled by Stephanie Pope, the former chief operating officer ready to take on the challenges ahead. Pope, a firm veteran, was formerly responsible for the guidance and monitoring of the performance of Boeing's three enterprise divisions, namely, Boeing Commercial Airplanes, Boeing Defense, Space & Security and Boeing Global Services. Her ample experience in all these areas is expected to play an instrumental role in shaping the future of the company. Another significant exit has been the Independent Board Chair Larry Kellner's announcement of his impending resignation. Taking up the mantle will be Steve Mollenkopf, who has been actively associated with Boeing since 2020. Entrusted with leading the process of identifying future leadership, Mollenkopf's role will be critical in these times of transition. Earlier this year, a change at the helm of Boeing's 737 Max program took place in the company's Renton, Washington establishment with the replacement of Ed Clark. Also, Elizabeth Lund, previously the senior vice president and general manager of Airplane Programs, was named to an innovative role emphasizing quality control measures. In a heartfelt address to the workforce on Monday, Calhoun drew attention to the airplane incident on January 5, where a door panel disengage off Alaska Airlines Flight 1282 at 16,000 feet, labeling it as a defining moment for the aerospace behemoth. Calhoun pointed out that the door panel appeared to lack crucial bolts, as highlighted in the preliminary findings of the National Transportation Safety Board (NTSB) released in February. According to Calhoun, Boeing's response to this accident has to include forthrightness and humility. He further emphasized the need to cultivate an all-encompassing dedication towards safety and quality at every layer within the company infrastructure. Calhoun made a sincere acknowledgment of the scrutiny that Boeing currently faces, but spoke with optimism of the firm emerging stronger after this test. Drawing from the collective wisdom gathered over the past few challenging years, Calhoun confidently asserted that Boeing's rebuilding is well underway and expressed hope for a promising future. Calhoun's journey with Boeing began during an ominous period when the company was grappling to regain public confidence post a series of fatal accidents involving their 737 Max 8 aircraft in 2018 and 2019. Having held leadership roles at Blackstone Group, Nielsen Holdings and GE, and served on Boeing's board since 2009, he was seen as the best hope of steadying the ship during these tumultuous times. In the backdrop of regulatory scrutiny, the latest leadership shake-up is viewed as a decisive step toward necessary transformation. There continues to be pressure on Boeing to commit to substantial improvements since an audit of 737 Max manufacturing processes unearthed quality issues. FAA Administrator Mike Whitaker, following a recent walkthrough of Boeing manufacturing facilities, expressed disappointment on the 'NBC Nightly News' stating that Boeing prioritized production over safety and quality. He mandated a 90-day timeline for Boeing to deliver a detailed plan to address the overarching quality-control concerns. This directive was given following an inspection of the Boeing 737 manufacturing processes and its supplier, Spirit AeroSystems, that resulted in multiple instances where it was found that both parties allegedly fell short in complying with the mandated quality control requirements. Real News Now Connect with Real News Now on Social Media Facebook: https://www.facebook.com/RealNewsNowApp/ X Twitter: https://twitter.com/realnewsapp Instagram: https://www.instagram.com/realnews/ TikTok: https://www.tiktok.com/@realnewsnowapp Threads: https://www.threads.net/@realnews/ Tumblr: https://www.tumblr.com/realnewsnow Truth Social: https://truthsocial.com/@RealNews YouTube:https://www.youtube.com/@realnewsnowapp End Wokeness: https://endthewokeness.comSee omnystudio.com/listener for privacy information.

Vince Coakley Podcast
Trump Bond Deadline & Boeing Shakeup

Vince Coakley Podcast

Play Episode Listen Later Mar 25, 2024 68:42


Tune in here for this Monday episode of the Vince Coakley Radio Program! We start the show with an update on former President Donald Trump's various legal troubles as the deadline for him to pay his bond in the New York civil fraud case arrives + shares why pollster Frank Luntz thinks taking Trump's assets could guarantee his return to the White House.  In the second half of the program we dive into some of the personnel changes coming to major airplane manufacturer Boeing -- headlined by CEO Dave Calhoun announcing his resignation at the end of the year -- and another update from the Alaska Airlines flight that lost a door mid-trip.  Vince also talks about the attack in Moscow this weekend that ISIS has claimed responsibility for and why he finds it particularly concerning for many other countries, including the United States, and how other nations have already reacted to the attacks.See omnystudio.com/listener for privacy information.

Aposto! Altı Otuz
Aposto Altı Otuz | 26 Mart Salı - Gazze'de ateşkes, Boeing'de ayrılık

Aposto! Altı Otuz

Play Episode Listen Later Mar 25, 2024 10:09


BM Güvenlik Konseyi, Gazze'de Ramazan ayı boyunca sürecek acil bir ateşkes sağlanmasına yönelik karar tasarısını kabul etti. Amerikan havacılık devi Boeing'in CEO'su Dave Calhoun yıl sonunda istifa edeceğini duyurdu.

The Real Story
How can Boeing win back trust?

The Real Story

Play Episode Listen Later Mar 22, 2024 49:46


The plane maker's safety record is in the spotlight after a series of incidents. In January an unused door blew off a Boeing 737 Max 9 operated by Alaska Airlines shortly after take-off. An initial report from the US National Transportation Safety Board concluded that four bolts meant to attach the door securely to the aircraft had not been fitted. Prior to the incident, there had been other serious problems on the 737 Max production line, including the discovery of manufacturing defects affecting key parts of the planes, as well as a part protecting the central fuel tank against lightning strikes. A version of the 737 Max was also involved in two major accidents in late 2018 and early 2019, in which 346 people were killed. Those crashes were attributed to badly-designed flight control software. After the most recent incident, Boeing's president Dave Calhoun said the company would be "implementing a comprehensive plan to strengthen quality and the confidence of our stakeholders.” So, what does Boeing need to do to win back trust? Celia Hatton is joined by a panel of expert guests.David Soucie - A former top flight accident inspector with the US Federal Aviation Administration (the FAA) and author of "Why Planes Crash". Oriana Pawlyk - Aviation reporter for Politico.Sally Gethin - An independent global aviation and travel analyst. Also in the programme:Captain Dennis Tajer - Lead spokesman for the Allied Pilots Association and a pilot for American Airlines.John Strickland - Aviation analyst and director of JLS Consulting. Image: The Boeing logo as seen at the Farnborough International Airshow. Credit: Reuters/Peter Cziborra.

Squawk Pod
Boeing in DC, Haley Headed to Her Home State, & an Oura Ring Rival 01/24/24

Squawk Pod

Play Episode Listen Later Jan 24, 2024 37:05


Nikki Haley has lost to Donald Trump in the New Hampshire primary, but she's staying in the race. Pollster and strategist Frank Luntz discusses her chances of succeeding in the next primary, in her home state of South Carolina. After multiple manufacturing issues in the last few years, Boeing's CEO Dave Calhoun is meeting with lawmakers on Capitol Hill. One leader he's meeting: Senator Jerry Moran (R-Kan.), ranking member of the Aviation Subcommittee, who's sharing his concerns for passenger safety and regulatory oversight at the company. Plus, CNBC's Julia Boorstin has big WWE and subscriber news from Netflix, and Samsung is now competing with Oura in the wearable tech space. Oura CEO Tom Hale discusses the Oura ring's popularity and many patents, and the limitations of physics and technology that make developing proprietary wearable health tech–like Oura rings and Apple Watches–so tricky.  Frank Luntz - 4:16Jerry Moran - 15:09Tom Hale -  24:24Julia Boorstin - 34:47 In this episode:Sen. Jerry Moran, @JerryMoranJulia Boorstin, @JBoorstinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY